Values have been changing and have risen £461 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £128 in last 6 months, £14,535 in last 1 year, £17,925 in last 2 years, £20,593 in last 3 years, £21,062 in last 4 years and £18,258 in last 5 years.
Currently average asking price of a property in Primrose Road, Norwich, NR1 is around £207,987 based on approximately 3 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £1,070 per month.
Estimated property value in Primrose Road, Norwich, NR1 is £165,880. Average asking price is £207,987 while average price paid is £162,666 which is up by £14,535 and Avg. asking rent £1,070.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 Primrose Road, Norwich, NR1 area. In last 1 year alone average price buyer paid is around £162,666 based on approximately 3 sales in Primrose Road, Norwich, NR1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £145,125. 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 £140,750 for 14 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £137,833 per sale.