Average Price for property in Pond Lane, Drayton, Norwich, NR8 is around £313,174 e.g. average price for detached house is around 313,174. Values have been changing and have risen £1,466 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,991 in last 6 months, £20,720 in last 1 year, £29,625 in last 2 years, £39,704 in last 3 years, £37,687 in last 4 years and £31,909 in last 5 years.
Currently average asking price of a property in Pond Lane, Drayton, Norwich, NR8 is around £248,255 based on approximately 1 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £741 per month.
Estimated property value in Pond Lane, Drayton, Norwich, NR8 is £313,174. Average asking price is £248,255 while average price paid is £290,000 which is up by £20,720 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 Pond Lane, Drayton, Norwich, NR8 area. In last 1 year alone average price buyer paid is around £290,000 based on approximately 1 sales in Pond Lane, Drayton, Norwich, NR8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £290,000. 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 £307,500 for 3 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £253,428 per sale.