Average Price for property in School Lane, Sprowston, Norwich, NR7 is around £226,928 which varies based on type of property you are interested in and ranges from £262,390 for detached house to around £237,595 for semi-detached. Similarly terraced house is around £168,179. Values have been changing and have risen £1,747 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,082 in last 6 months, £19,767 in last 1 year, £25,411 in last 2 years, £28,076 in last 3 years, £28,020 in last 4 years and £27,893 in last 5 years.
Currently average asking price of a property in School Lane, Sprowston, Norwich, NR7 is around £276,362 based on approximately 3 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 School Lane, Sprowston, Norwich, NR7 is £226,928. Average asking price is £276,362 while average price paid is £235,333 which is up by £19,767 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 School Lane, Sprowston, Norwich, NR7 area. In last 1 year alone average price buyer paid is around £235,333 based on approximately 3 sales in School Lane, Sprowston, Norwich, NR7 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £213,216. 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 £200,996 for 13 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £200,425 per sale.