Riverside, Reedham, Norwich, NR13

Street Guide For Riverside, Reedham, Norwich, NR13

 
 

Riverside, Reedham, Norwich, NR13 Map

Estimated Price: £270,041
Average Asking Price: £308,128
Price change in last one year: £21,182
Average Price Paid: £207,359
Average Rent Rates: £741

Link Up Properties
116 - 118 Prince of Wales Road Norwich NR1 1LB

Free House valuation

 

Property Prices Breakdown in Riverside, Reedham, Norwich, NR13

Average Price for property in Riverside, Reedham, Norwich, NR13 is around £270,041 which varies based on type of property you are interested in and ranges from £337,783 for detached house to around £243,282 for semi-detached. Similarly terraced house is around £206,196. Values have been changing and have risen £584 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £62 in last 6 months, £21,182 in last 1 year, £23,940 in last 2 years, £32,696 in last 3 years, £30,713 in last 4 years and £27,510 in last 5 years.

Currently average asking price of a property in Riverside, Reedham, Norwich, NR13 is around £308,128 based on approximately 2 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 Riverside, Reedham, Norwich, NR13 is £270,041. Average asking price is £308,128 while average price paid is £234,975 which is up by £21,182 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 Riverside, Reedham, Norwich, NR13 area. In last 1 year alone average price buyer paid is around £234,975 based on approximately 2 sales in Riverside, Reedham, Norwich, NR13 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £219,681. 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 £207,359 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £195,457 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, £269,346 for a 3 bedroom house, £348,000 for a 4 bedroom house and £398,188 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 Riverside, Reedham, Norwich, NR13 it comes to around average £137,983 for 1 bedroom property, £194,817 for 2 bedroom, £272,190 for 3 bedroom, £348,000 for 4 bedroom and £398,188 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 Riverside, Reedham, Norwich, NR13 area.

Popular Houses in Riverside, Reedham, 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 Riverside, Reedham, Norwich, NR13