Average Price for property in Smithfield Road, Norwich, NR1 is around £234,979 which varies based on type of property you are interested in and ranges from £330,635 for detached house to around £247,854 for semi-detached. Similarly terraced house is around £233,809. Values have been changing and have risen £647 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £178 in last 6 months, £20,421 in last 1 year, £25,181 in last 2 years, £28,926 in last 3 years, £29,582 in last 4 years and £25,637 in last 5 years.
Currently average asking price of a property in Smithfield Road, Norwich, NR1 is around £207,987 based on approximately 1 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £1,070 per month.
Estimated property value in Smithfield Road, Norwich, NR1 is £234,979. Average asking price is £207,987 while average price paid is £175,000 which is up by £20,421 and Avg. asking rent £1,070.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 Smithfield Road, Norwich, NR1 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 1 sales in Smithfield Road, Norwich, NR1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £218,500. 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 £209,000 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £204,250 per sale.