Average Price for property in Spruce Avenue, Ormesby, Great Yarmouth, NR29 is around £158,814 which varies based on type of property you are interested in and ranges from £202,077 for detached house to around £146,052 for semi-detached. Similarly terraced house is around £131,817. Values have been changing and have risen £535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £951 in last 6 months, £11,039 in last 1 year, £13,843 in last 2 years, £17,777 in last 3 years, £16,247 in last 4 years and £16,330 in last 5 years.
Currently average asking price of a property in Spruce Avenue, Ormesby, 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 Spruce Avenue, Ormesby, Great Yarmouth, NR29 is £158,814. Average asking price is £217,634 while average price paid is £120,000 which is up by £11,039 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 Spruce Avenue, Ormesby, Great Yarmouth, NR29 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 3 sales in Spruce Avenue, Ormesby, Great Yarmouth, NR29 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £122,875. 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 £129,614 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £130,225 per sale.