Values have been changing and have risen £811 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,442 in last 6 months, £9,146 in last 1 year, £15,974 in last 2 years, £15,457 in last 3 years, £15,121 in last 4 years and £11,865 in last 5 years.
Currently average asking price of a property in Otter Close, Downham Market, PE38 is around £219,112 based on approximately 1 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £689 per month.
Estimated property value in Otter Close, Downham Market, PE38 is £127,226. Average asking price is £219,112 while average price paid is £82,500 which is up by £9,146 and Avg. asking rent £689.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 Otter Close, Downham Market, PE38 area. In last 1 year alone average price buyer paid is around £82,500 based on approximately 1 sales in Otter Close, Downham Market, PE38 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £85,833. 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 £81,875 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £101,570 per sale.