Average Price for property in Norfolk Way, Bishop's Stortford, CM23 is around £261,485 which varies based on type of property you are interested in and ranges from £328,209 for detached house to around £266,623 for semi-detached. Similarly terraced house is around £243,966 and a flat is worth £179,731. Values have been changing and have risen £446 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,296 in last 6 months, £21,907 in last 1 year, £29,066 in last 2 years, £37,940 in last 3 years, £33,042 in last 4 years and £35,286 in last 5 years.
Currently average asking price of a property in Norfolk Way, Bishop's Stortford, CM23 is around £387,132 based on approximately 3 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,057 per month.
Estimated property value in Norfolk Way, Bishop's Stortford, CM23 is £261,485. Average asking price is £387,132 while average price paid is £205,333 which is up by £21,907 and Avg. asking rent £1,057.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Norfolk Way, Bishop's Stortford, CM23 area. In last 1 year alone average price buyer paid is around £205,333 based on approximately 3 sales in Norfolk Way, Bishop's Stortford, CM23 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £196,100. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £195,725 for 16 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £187,530 per sale.