Average Price for property in Russell Avenue, Sprowston, Norwich, NR7 is around £302,039 which varies based on type of property you are interested in and ranges from £333,692 for detached house to around £218,951 for semi-detached. Similarly terraced house is around £217,193. Values have been changing and have risen £2,308 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,394 in last 6 months, £26,127 in last 1 year, £33,584 in last 2 years, £37,101 in last 3 years, £37,024 in last 4 years and £36,854 in last 5 years.
Currently average asking price of a property in Russell Avenue, Sprowston, Norwich, NR7 is around £276,362 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,160 per month.
Estimated property value in Russell Avenue, Sprowston, Norwich, NR7 is £302,039. Average asking price is £276,362 while average price paid is £223,750 which is up by £26,127 and Avg. asking rent £1,160.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 Russell Avenue, Sprowston, Norwich, NR7 area. In last 1 year alone average price buyer paid is around £223,750 based on approximately 2 sales in Russell Avenue, Sprowston, Norwich, NR7 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £220,625. 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 £235,207 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £224,216 per sale.