Reepham Road, Hellesdon, Norwich, NR6

Street Guide For Reepham Road, Hellesdon, Norwich, NR6

 

Reepham Road, Hellesdon, Norwich, NR6 Map

Estimated Price: £221,226
Average Asking Price: £257,024
Price change in last one year: £16,258
Average Price Paid: £176,420
Average Rent Rates: £1,500

 

Property Prices Breakdown in Reepham Road, Hellesdon, Norwich, NR6

Average Price for property in Reepham Road, Hellesdon, Norwich, NR6 is around £221,226 which varies based on type of property you are interested in and ranges from £237,688 for detached house to around £209,445 for semi-detached. Similarly terraced house is around £235,688 and a flat is worth £55,097. Values have been changing and have risen £1,044 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,647 in last 6 months, £16,258 in last 1 year, £22,059 in last 2 years, £28,419 in last 3 years, £26,507 in last 4 years and £24,646 in last 5 years.

Currently average asking price of a property in Reepham Road, Hellesdon, Norwich, NR6 is around £257,024 based on approximately 16 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,500 per month.

Estimated property value in Reepham Road, Hellesdon, Norwich, NR6 is £221,226. Average asking price is £257,024 while average price paid is £200,243 which is up by £16,258 and Avg. asking rent £1,500.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 Reepham Road, Hellesdon, Norwich, NR6 area. In last 1 year alone average price buyer paid is around £200,243 based on approximately 16 sales in Reepham Road, Hellesdon, Norwich, NR6 area alone. If you compare it to last 3 years sales of 30 properties where buyers paid around £189,630. 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 £176,420 for 48 and average amount paid for purchase of approx. 61 properties sold in last 7 years comes to about £176,221 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 2 bedroom is around £162,712, £208,390 for a 3 bedroom house, £308,118 for a 4 bedroom house and £427,368 for a 5 bedroom house. For a flat similarly the prices varies from £80,650 for a single bedroom to £107,857 for a 2 bedroom Flat. To sum up the asking prices for properties in Reepham Road, Hellesdon, Norwich, NR6 it comes to around average £80,650 for 1 bedroom property, £148,998 for 2 bedroom, £208,390 for 3 bedroom, £308,118 for 4 bedroom and £427,368 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 £615 for 2 bedroom to £789 for 3 bedroom, £637 for 4 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £640. You should be generally be expecting around average £626 rent per month for 2 bedroom property, £789 for 3 bedroom, £637 for 4 bedroom and approximately £1,499 for 5 bedroom property in Reepham Road, Hellesdon, Norwich, NR6 area.

Popular Houses in Reepham Road, Hellesdon, Norwich, NR6

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 Reepham Road, Hellesdon, Norwich, NR6