Scrumpy Way, Banham, Norwich, NR16

Street Guide For Scrumpy Way, Banham, Norwich, NR16

 

Scrumpy Way, Banham, Norwich, NR16 Map

Estimated Price: £259,452
Average Asking Price: £340,899
Price change in last one year: £21,683
Average Price Paid: £231,050
Average Rent Rates: £1,627

 

Property Prices Breakdown in Scrumpy Way, Banham, Norwich, NR16

Average Price for property in Scrumpy Way, Banham, Norwich, NR16 is around £259,452 which varies based on type of property you are interested in and ranges from £272,807 for detached house to around £200,691 for semi-detached. Values have been changing and have risen £2,384 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,878 in last 6 months, £21,683 in last 1 year, £27,050 in last 2 years, £25,759 in last 3 years, £30,753 in last 4 years and £30,631 in last 5 years.

Currently average asking price of a property in Scrumpy Way, Banham, Norwich, NR16 is around £340,899 based on approximately 0 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,627 per month.

Estimated property value in Scrumpy Way, Banham, Norwich, NR16 is £259,452. Average asking price is £340,899 while average price paid is £218,875 which is up by £25,759 and Avg. asking rent £1,627.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 Scrumpy Way, Banham, Norwich, NR16 area. In last 3 years alone average price buyer paid is around £218,875 based on approximately 4 sales in Scrumpy Way, Banham, Norwich, NR16 area alone. If you compare it to last 5 years sales of 10 properties where buyers paid around £231,050. 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 £222,846 for 13 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 £125,000, £168,563 for a 2 bedroom house, £263,048 for a 3 bedroom house, £369,277 for a 4 bedroom house and £411,362 for a 5 bedroom house. To sum up the asking prices for properties in Scrumpy Way, Banham, Norwich, NR16 it comes to around average £125,000 for 1 bedroom property, £168,563 for 2 bedroom, £263,048 for 3 bedroom, £369,277 for 4 bedroom and £411,362 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 £700 for 1 bedroom to £624 for 2 bedrooms, £637 for 3 bedrooms, £849 for 4 bedrooms and £1,751 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. You should be generally be expecting around average £666 rent per month for single bedroom property, £624 for 2 bedroom, £637 for 3 bedroom, £849 for 4 bedroom and approximately £1,750 for a 5 bedroom property in Scrumpy Way, Banham, Norwich, NR16 area.

Popular Houses in Scrumpy Way, Banham, Norwich, NR16

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 Scrumpy Way, Banham, Norwich, NR16