Norman Drive, Old Catton, Norwich, NR6

Street Guide For Norman Drive, Old Catton, Norwich, NR6

 

Norman Drive, Old Catton, Norwich, NR6 Map

Estimated Price: £193,388
Average Asking Price: £257,708
Price change in last one year: £13,829
Average Price Paid: £159,131
Average Rent Rates: £1,483

 

Property Prices Breakdown in Norman Drive, Old Catton, Norwich, NR6

Average Price for property in Norman Drive, Old Catton, Norwich, NR6 is around £193,388 which varies based on type of property you are interested in and ranges from £209,966 for detached house to around £182,828 for semi-detached. Similarly terraced house is around £173,910. Values have been changing and have risen £887 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,400 in last 6 months, £13,829 in last 1 year, £18,763 in last 2 years, £24,176 in last 3 years, £22,548 in last 4 years and £20,968 in last 5 years.

Currently average asking price of a property in Norman Drive, Old Catton, Norwich, NR6 is around £257,708 based on approximately 4 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £1,483 per month.

Estimated property value in Norman Drive, Old Catton, Norwich, NR6 is £193,388. Average asking price is £257,708 while average price paid is £175,487 which is up by £13,829 and Avg. asking rent £1,483.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 Norman Drive, Old Catton, Norwich, NR6 area. In last 1 year alone average price buyer paid is around £175,487 based on approximately 4 sales in Norman Drive, Old Catton, Norwich, NR6 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £159,661. 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 £159,131 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £151,496 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £162,474, £208,723 for a 3 bedroom house, £309,394 for a 4 bedroom house and £427,368 for a 5 bedroom house. For a flat similarly the prices varies from £80,650 for a single bedroom to £107,857 for a 2 bedroom Flat. To sum up the asking prices for properties in Norman Drive, Old Catton, Norwich, NR6 it comes to around average £80,650 for 1 bedroom property, £148,820 for 2 bedroom, £208,723 for 3 bedroom, £309,394 for 4 bedroom and £427,368 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £616 for 2 bedroom to £789 for 3 bedroom, £637 for 4 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £640. You should be generally be expecting around average £626 rent per month for 2 bedroom property, £789 for 3 bedroom, £637 for 4 bedroom and approximately £1,499 for 5 bedroom property in Norman Drive, Old Catton, Norwich, NR6 area.

Popular Houses in Norman Drive, Old Catton, Norwich, NR6

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Norman Drive, Old Catton, Norwich, NR6