Average Price for property in Somerville Avenue, Gorleston, Great Yarmouth, NR31 is around £128,050 which varies based on type of property you are interested in and ranges from £141,341 for semi-detached to around £116,420 for terraced house. Values have been changing and have risen £724 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,475 in last 6 months, £9,628 in last 1 year, £12,796 in last 2 years, £16,428 in last 3 years, £15,689 in last 4 years and £12,398 in last 5 years.
Currently average asking price of a property in Somerville Avenue, Gorleston, Great Yarmouth, NR31 is around £179,514 based on approximately 1 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £739 per month.
Estimated property value in Somerville Avenue, Gorleston, Great Yarmouth, NR31 is £128,050. Average asking price is £179,514 while average price paid is £108,000 which is up by £9,628 and Avg. asking rent £739.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 Somerville Avenue, Gorleston, Great Yarmouth, NR31 area. In last 1 year alone average price buyer paid is around £108,000 based on approximately 1 sales in Somerville Avenue, Gorleston, Great Yarmouth, NR31 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £114,750. 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 £112,249 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £112,249 per sale.