Values have been changing and have risen £2,525 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,545 in last 6 months, £28,022 in last 1 year, £45,119 in last 2 years, £53,789 in last 3 years, £52,259 in last 4 years and £52,101 in last 5 years.
Currently average asking price of a property in Norris Rise, Hoddesdon, EN11 is around £650,639 based on approximately 4 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £983 per month.
Estimated property value in Norris Rise, Hoddesdon, EN11 is £283,763. Average asking price is £650,639 while average price paid is £251,250 which is up by £28,022 and Avg. asking rent £983.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 Norris Rise, Hoddesdon, EN11 area. In last 1 year alone average price buyer paid is around £251,250 based on approximately 4 sales in Norris Rise, Hoddesdon, EN11 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £226,765. 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 £214,847 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £208,154 per sale.