Average Price for property in Norwich Road, New Costessey, Norwich, NR5 is around £197,586 which varies based on type of property you are interested in and ranges from £240,905 for detached house to around £184,543 for semi-detached. Similarly terraced house is around £172,430 and a flat is worth £155,319. Values have been changing and have risen £768 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,309 in last 6 months, £14,475 in last 1 year, £20,212 in last 2 years, £24,673 in last 3 years, £25,094 in last 4 years and £24,364 in last 5 years.
Currently average asking price of a property in Norwich Road, New Costessey, Norwich, NR5 is around £213,510 based on approximately 6 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,140 per month.
Estimated property value in Norwich Road, New Costessey, Norwich, NR5 is £197,586. Average asking price is £213,510 while average price paid is £159,500 which is up by £14,475 and Avg. asking rent £1,140.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, New Costessey, Norwich, NR5 area. In last 1 year alone average price buyer paid is around £159,500 based on approximately 6 sales in Norwich Road, New Costessey, Norwich, NR5 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £171,949. 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 £162,214 for 45 and average amount paid for purchase of approx. 59 properties sold in last 7 years comes to about £164,038 per sale.