Average Price for property in Orchard Street, Norwich, NR2 is around £124,415 which varies based on type of property you are interested in and ranges from £149,410 for terraced house to around £109,259 for a flat. Values have been changing and have risen £1,091 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,542 in last 6 months, £9,291 in last 1 year, £14,439 in last 2 years, £19,006 in last 3 years, £16,829 in last 4 years and £17,302 in last 5 years.
Currently average asking price of a property in Orchard Street, Norwich, NR2 is around £227,495 based on approximately 1 properties for sale. Same is the case with rental options based on 148 properties up for rent, average asking rent is around £890 per month.
Estimated property value in Orchard Street, Norwich, NR2 is £124,415. Average asking price is £227,495 while average price paid is £69,300 which is up by £9,291 and Avg. asking rent £890.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 Orchard Street, Norwich, NR2 area. In last 1 year alone average price buyer paid is around £69,300 based on approximately 1 sales in Orchard Street, Norwich, NR2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £66,650. 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 £66,650 for 2 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £106,216 per sale.