Values have been changing and have risen £285 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £758 in last 6 months, £13,558 in last 1 year, £25,422 in last 2 years, £29,012 in last 3 years, £29,235 in last 4 years and £28,308 in last 5 years.
Currently average asking price of a property in Norman Road, Newhaven, BN9 is around £199,886 based on approximately 5 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,160 per month.
Estimated property value in Norman Road, Newhaven, BN9 is £199,592. Average asking price is £199,886 while average price paid is £188,000 which is up by £13,558 and Avg. asking rent £1,160.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 Road, Newhaven, BN9 area. In last 1 year alone average price buyer paid is around £188,000 based on approximately 5 sales in Norman Road, Newhaven, BN9 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £183,375. 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 £179,583 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £172,968 per sale.