Norwich Road, Reepham, Norwich, NR10

Street Guide For Norwich Road, Reepham, Norwich, NR10

 

Norwich Road, Reepham, Norwich, NR10 Map

Estimated Price: £329,182
Average Asking Price: £303,998
Price change in last one year: £23,895
Average Price Paid: £209,143
Average Rent Rates: £864

 

Property Prices Breakdown in Norwich Road, Reepham, Norwich, NR10

Average Price for property in Norwich Road, Reepham, Norwich, NR10 is around £329,182 which varies based on type of property you are interested in and ranges from £584,462 for detached house to around £260,378 for semi-detached. Similarly terraced house is around £214,957. Values have been changing and have risen £1,472 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,989 in last 6 months, £23,895 in last 1 year, £34,901 in last 2 years, £43,851 in last 3 years, £40,608 in last 4 years and £39,681 in last 5 years.

Currently average asking price of a property in Norwich Road, Reepham, Norwich, NR10 is around £303,998 based on approximately 2 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £864 per month.

Estimated property value in Norwich Road, Reepham, Norwich, NR10 is £329,182. Average asking price is £303,998 while average price paid is £218,000 which is up by £23,895 and Avg. asking rent £864.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, Reepham, Norwich, NR10 area. In last 1 year alone average price buyer paid is around £218,000 based on approximately 2 sales in Norwich Road, Reepham, Norwich, NR10 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £214,883. 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 £209,143 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £252,372 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 £120,000, £160,018 for a 2 bedroom house, £270,923 for a 3 bedroom house, £316,508 for a 4 bedroom house and £444,354 for a 5 bedroom house. For a flat the prices of 2 bedroom is £96,225. To sum up the asking prices for properties in Norwich Road, Reepham, Norwich, NR10 it comes to around average £120,000 for 1 bedroom property, £154,701 for 2 bedroom, £270,923 for 3 bedroom, £316,508 for 4 bedroom and £444,354 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 £587 for 2 bedroom to £781 for 3 bedroom and £1,264 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £594. You should be generally be expecting around average £589 rent per month for 2 bedroom property, £781 for 3 bedroom and approximately £1,264 for 4 bedroom property in Norwich Road, Reepham, Norwich, NR10 area.

Popular Houses in Norwich Road, Reepham, Norwich, NR10

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, Reepham, Norwich, NR10