Values have been changing and have risen £1,120 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,617 in last 6 months, £12,671 in last 1 year, £16,290 in last 2 years, £17,998 in last 3 years, £17,965 in last 4 years and £17,886 in last 5 years.
Currently average asking price of a property in Paine Road, Norwich, NR7 is around £276,362 based on approximately 3 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,148 per month.
Estimated property value in Paine Road, Norwich, NR7 is £141,102. Average asking price is £276,362 while average price paid is £150,166 which is up by £12,671 and Avg. asking rent £1,148.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 Paine Road, Norwich, NR7 area. In last 1 year alone average price buyer paid is around £150,166 based on approximately 3 sales in Paine Road, Norwich, NR7 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £101,027. 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 £102,673 for 13 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £101,410 per sale.