Average Price for property in Russell Terrace, Mundesley, Norwich, NR11 is around £215,276 which varies based on type of property you are interested in and ranges from £314,504 for detached house to around £255,068 for terraced house. Similarly flat is around £76,089. Values have been changing and have risen £1,578 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,062 in last 6 months, £15,853 in last 1 year, £23,040 in last 2 years, £27,509 in last 3 years, £25,654 in last 4 years and £25,588 in last 5 years.
Currently average asking price of a property in Russell Terrace, Mundesley, Norwich, NR11 is around £291,132 based on approximately 0 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £694 per month.
Estimated property value in Russell Terrace, Mundesley, Norwich, NR11 is £215,276. Average asking price is £291,132 while average price paid is £264,833 which is up by £27,509 and Avg. asking rent £694.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 Terrace, Mundesley, Norwich, NR11 area. In last 3 years alone average price buyer paid is around £264,833 based on approximately 3 sales in Russell Terrace, Mundesley, Norwich, NR11 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £227,900. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £203,208 for 6 per sale.