Pedham Road, Hemblington, Norwich, NR13

Street Guide For Pedham Road, Hemblington, Norwich, NR13

 
 

Pedham Road, Hemblington, Norwich, NR13 Map

Estimated Price: £250,743
Average Asking Price: £308,128
Price change in last one year: £20,446
Average Price Paid: £212,472
Average Rent Rates: £741

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Property Prices Breakdown in Pedham Road, Hemblington, Norwich, NR13

Average Price for property in Pedham Road, Hemblington, Norwich, NR13 is around £250,743 which varies based on type of property you are interested in and ranges from £263,930 for detached house to around £262,724 for semi-detached. Similarly terraced house is around £181,615. Values have been changing and have risen £564 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £60 in last 6 months, £20,446 in last 1 year, £23,107 in last 2 years, £31,558 in last 3 years, £29,644 in last 4 years and £26,551 in last 5 years.

Currently average asking price of a property in Pedham Road, Hemblington, Norwich, NR13 is around £308,128 based on approximately 5 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £741 per month.

Estimated property value in Pedham Road, Hemblington, Norwich, NR13 is £250,743. Average asking price is £308,128 while average price paid is £195,650 which is up by £20,446 and Avg. asking rent £741.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 Pedham Road, Hemblington, Norwich, NR13 area. In last 1 year alone average price buyer paid is around £195,650 based on approximately 5 sales in Pedham Road, Hemblington, Norwich, NR13 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £217,281. 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 £212,472 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £215,659 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 1 bedroom is around £137,983, £194,817 for a 2 bedroom house, £269,603 for a 3 bedroom house, £347,712 for a 4 bedroom house and £398,345 for a 5 bedroom house. For a flat the prices of 3 bedroom is £357,500. To sum up the asking prices for properties in Pedham Road, Hemblington, Norwich, NR13 it comes to around average £137,983 for 1 bedroom property, £194,817 for 2 bedroom, £272,393 for 3 bedroom, £347,712 for 4 bedroom and £398,345 for a 5 bedroom property.

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 can vary from £793 for 1 bedroom to £644 for 2 bedrooms, £740 for 3 bedrooms, £1,048 for 4 bedrooms and £897 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £485. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £650. You should be generally be expecting around average £537 rent per month for single bedroom property, £644 for 2 bedroom, £740 for 3 bedroom, £1,048 for 4 bedroom and approximately £897 for a 5 bedroom property in Pedham Road, Hemblington, Norwich, NR13 area.

Popular Houses in Pedham Road, Hemblington, Norwich, NR13

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 Pedham Road, Hemblington, Norwich, NR13