Diss

Area Guide For Diss

Diss is a town (population 6,742) in Norfolk, England close to the border with the neighbouring East Anglian county of Suffolk. The town lies in the valley of the River Waveney, around a mere (lake) that covers 6 acres (2.4 ha 0.0094 sq mi). The mere is up to 18 feet (5.5 m) deep, although there is another 51 feet (16 m) of mud, making it one of the deepest natural inland lakes in England. The town takes its name from dic an Anglo-Saxon word meaning either ditch or embankment. Diss has a large number of historic buildings, including the early 14th century parish church. It is also home to a museum. Diss railway station lies on the Great Eastern Main Line route from London to Norwich. At the time of Edward the Confessor, Diss was part of the Hartismere hundred (a hundred was an administrative subdivision) of Suffolk, and it was recorded as such in Domesday book. It is recorded as being in the king's possession as demesne (direct ownership) of the Crown, there being at that time a church and a glebe of 24 acres. This was considered to be worth £15 per annum, which had doubled by the time of William the Conqueror, it being then estimated at £30 with the benefit of the whole hundred

 
 

Diss Map

Estimated Price: £260,044
Average Asking Price: £327,150
Price change in last one year: £11,163
Average Price Paid: £214,851
Average Rent Rates: £1,030

 
 

Property Prices Breakdown in Diss

Average Price for property in Diss is around £260,044 which varies based on type of property you are interested in and ranges from £335,561 for detached house to around £196,037 for semi-detached. Similarly terraced house is around £166,579 and a flat is worth £110,874. Values have been changing and have risen £1,325 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £839 in last 6 months, £11,163 in last 1 year, £26,492 in last 2 years, £30,237 in last 3 years, £18,343 in last 4 years and £25,772 in last 5 years.

Currently average asking price of a property in Diss is around £327,150 based on approximately 441 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,030 per month.

Estimated property value in Diss is £260,044. Average asking price is £327,150 while average price paid is £212,827 which is up by £11,163 and Avg. asking rent £1,030.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 Diss area. In last 1 year alone average price buyer paid is around £212,827 based on approximately 441 sales in Diss area alone. If you compare it to last 3 years sales of 1,334 properties where buyers paid around £212,376. 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 £214,851 for 2,078 and average amount paid for purchase of approx. 2,823 properties sold in last 7 years comes to about £214,025 per sale.

 
 

Properties For Sale in Diss

 
 

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, £188,666 for a 2 bedroom house, £260,380 for a 3 bedroom house, £382,628 for a 4 bedroom house and £483,314 for a 5 bedroom house. For a flat similarly the prices varies from £91,750 for a single bedroom to £106,900 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £131,667. To sum up the asking prices for properties in Diss it comes to around average £102,833 for 1 bedroom property, £176,985 for 2 bedroom, £255,783 for 3 bedroom, £382,628 for 4 bedroom and £483,314 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 £522 for 1 bedroom to £589 for 2 bedrooms, £686 for 3 bedrooms, £1,031 for 4 bedrooms and £1,990 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £513. You should be generally be expecting around average £507 rent per month for single bedroom property, £562 for 2 bedroom, £686 for 3 bedroom, £1,031 for 4 bedroom and approximately £1,990 for a 5 bedroom property in Diss area.

Popular Houses in Diss

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.

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