Average Price for property in Norwich Road, London, E7 is around £442,019 which varies based on type of property you are interested in and ranges from £844,455 for detached house to around £636,108 for semi-detached. Similarly terraced house is around £480,252 and a flat is worth £239,716. Values have been changing and have risen £6,483 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,908 in last 6 months, £58,543 in last 1 year, £96,261 in last 2 years, £109,851 in last 3 years, £108,792 in last 4 years and £117,808 in last 5 years.
Currently average asking price of a property in Norwich Road, London, E7 is around £384,847 based on approximately 1 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £1,330 per month.
Estimated property value in Norwich Road, London, E7 is £442,019. Average asking price is £384,847 while average price paid is £540,000 which is up by £58,543 and Avg. asking rent £1,330.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 Norwich Road, London, E7 area. In last 1 year alone average price buyer paid is around £540,000 based on approximately 1 sales in Norwich Road, London, E7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £333,666. 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 £352,750 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £304,428 per sale.