Average Price for property in Somerton Road, Martham, Great Yarmouth, NR29 is around £173,482 which varies based on type of property you are interested in and ranges from £242,842 for detached house to around £116,385 for semi-detached. Similarly flat is around £82,346. Values have been changing and have risen £600 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,066 in last 6 months, £12,374 in last 1 year, £15,516 in last 2 years, £19,927 in last 3 years, £18,210 in last 4 years and £18,301 in last 5 years.
Currently average asking price of a property in Somerton Road, Martham, Great Yarmouth, NR29 is around £217,634 based on approximately 3 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £938 per month.
Estimated property value in Somerton Road, Martham, Great Yarmouth, NR29 is £173,482. Average asking price is £217,634 while average price paid is £95,833 which is up by £12,374 and Avg. asking rent £938.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 Somerton Road, Martham, Great Yarmouth, NR29 area. In last 1 year alone average price buyer paid is around £95,833 based on approximately 3 sales in Somerton Road, Martham, Great Yarmouth, NR29 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £117,908. 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 £115,349 for 7 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £134,620 per sale.