Average Price for property in Norwich Road, Thetford, IP24 is around £197,429 which varies based on type of property you are interested in and ranges from £277,217 for detached house to around £164,338 for semi-detached. Similarly terraced house is around £157,400 and a flat is worth £85,658. Values have been changing and have risen £1,879 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,820 in last 6 months, £15,607 in last 1 year, £23,603 in last 2 years, £27,956 in last 3 years, £31,487 in last 4 years and £30,005 in last 5 years.
Currently average asking price of a property in Norwich Road, Thetford, IP24 is around £210,364 based on approximately 4 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £1,201 per month.
Estimated property value in Norwich Road, Thetford, IP24 is £197,429. Average asking price is £210,364 while average price paid is £226,125 which is up by £15,607 and Avg. asking rent £1,201.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, Thetford, IP24 area. In last 1 year alone average price buyer paid is around £226,125 based on approximately 4 sales in Norwich Road, Thetford, IP24 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £166,332. 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 £172,852 for 17 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £160,589 per sale.