Values have been changing and have risen £1,197 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,797 in last 6 months, £13,543 in last 1 year, £17,412 in last 2 years, £19,237 in last 3 years, £19,201 in last 4 years and £19,115 in last 5 years.
Currently average asking price of a property in Sale Road, Norwich, NR7 is around £276,362 based on approximately 4 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 Sale Road, Norwich, NR7 is £153,069. Average asking price is £276,362 while average price paid is £143,000 which is up by £13,543 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 Sale Road, Norwich, NR7 area. In last 1 year alone average price buyer paid is around £143,000 based on approximately 4 sales in Sale Road, Norwich, NR7 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £134,150. 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 £131,791 for 12 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £130,884 per sale.