Norwich Road, North Walsham, NR28

Street Guide For Norwich Road, North Walsham, NR28

 

Norwich Road, North Walsham, NR28 Map

Estimated Price: £240,676
Average Asking Price: £227,247
Price change in last one year: £18,247
Average Price Paid: £182,575
Average Rent Rates: £566

 

Property Prices Breakdown in Norwich Road, North Walsham, NR28

Average Price for property in Norwich Road, North Walsham, NR28 is around £240,676 which varies based on type of property you are interested in and ranges from £284,629 for detached house to around £240,172 for semi-detached. Similarly terraced house is around £169,788. Values have been changing and have risen £1,929 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,993 in last 6 months, £18,247 in last 1 year, £24,476 in last 2 years, £29,263 in last 3 years, £26,735 in last 4 years and £26,011 in last 5 years.

Currently average asking price of a property in Norwich Road, North Walsham, NR28 is around £227,247 based on approximately 1 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £566 per month.

Estimated property value in Norwich Road, North Walsham, NR28 is £240,676. Average asking price is £227,247 while average price paid is £197,000 which is up by £18,247 and Avg. asking rent £566.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, North Walsham, NR28 area. In last 1 year alone average price buyer paid is around £197,000 based on approximately 1 sales in Norwich Road, North Walsham, NR28 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £181,438. 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 £182,575 for 12 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £187,327 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 1 bedroom is around £150,000, £149,986 for a 2 bedroom house, £221,475 for a 3 bedroom house, £319,988 for a 4 bedroom house and £400,000 for a 5 bedroom house. For a flat similarly the prices varies from £74,380 for a single bedroom to £120,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Norwich Road, North Walsham, NR28 it comes to around average £95,986 for 1 bedroom property, £148,832 for 2 bedroom, £221,475 for 3 bedroom, £319,988 for 4 bedroom and £400,000 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 £494 for 1 bedroom to £568 for 2 bedroom, £748 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £442. You should be generally be expecting around average £452 rent per month for single bedroom property, £568 for 2 bedroom, £748 for 3 bedroom and approximately £849 for 4 bedroom property in Norwich Road, North Walsham, NR28 area.

Popular Houses in Norwich Road, North Walsham, NR28

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 Norwich Road, North Walsham, NR28