Old Farm Lane, Hellesdon, Norwich, NR3

Street Guide For Old Farm Lane, Hellesdon, Norwich, NR3

 

Old Farm Lane, Hellesdon, Norwich, NR3 Map

Estimated Price: £338,579
Average Asking Price: £424,985
Price change in last one year: £30,416
Average Price Paid: £267,025
Average Rent Rates: £1,381

 

Property Prices Breakdown in Old Farm Lane, Hellesdon, Norwich, NR3

Average Price for property in Old Farm Lane, Hellesdon, Norwich, NR3 is around £338,579 Values have been changing and have risen £1,591 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,248 in last 6 months, £30,416 in last 1 year, £46,268 in last 2 years, £50,967 in last 3 years, £47,844 in last 4 years and £54,854 in last 5 years.

Currently average asking price of a property in Old Farm Lane, Hellesdon, Norwich, NR3 is around £424,985 based on approximately 23 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £1,381 per month.

Estimated property value in Old Farm Lane, Hellesdon, Norwich, NR3 is £338,579. Average asking price is £424,985 while average price paid is £347,065 which is up by £30,416 and Avg. asking rent £1,381.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 Old Farm Lane, Hellesdon, Norwich, NR3 area. In last 1 year alone average price buyer paid is around £347,065 based on approximately 23 sales in Old Farm Lane, Hellesdon, Norwich, NR3 area alone. If you compare it to last 3 years sales of 76 properties where buyers paid around £300,444. 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 £267,025 for 125 and average amount paid for purchase of approx. 170 properties sold in last 7 years comes to about £257,879 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 3 bedroom is around £229,950, £444,998 for a 4 bedroom house and £541,667 for a 5 bedroom house. To sum up the asking prices for properties in Old Farm Lane, Hellesdon, Norwich, NR3 it comes to around average £229,950 for 3 bedroom property, £444,998 for 4 bedroom and £541,667 for 5 bedroom.

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 is £1,381 for 4 bedroom. You should be generally be expecting around average £1,381 rent per month for 4 bedroom property in Old Farm Lane, Hellesdon, Norwich, NR3 area.

Popular Houses in Old Farm Lane, Hellesdon, Norwich, NR3

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 Old Farm Lane, Hellesdon, Norwich, NR3