Values have been changing and have risen £1,004 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,024 in last 6 months, £11,328 in last 1 year, £19,783 in last 2 years, £19,140 in last 3 years, £18,725 in last 4 years and £14,690 in last 5 years.
Currently average asking price of a property in St. Winnold Close, Downham Market, PE38 is around £219,112 based on approximately 2 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £689 per month.
Estimated property value in St. Winnold Close, Downham Market, PE38 is £144,772. Average asking price is £219,112 while average price paid is £158,000 which is up by £11,328 and Avg. asking rent £689.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 St. Winnold Close, Downham Market, PE38 area. In last 1 year alone average price buyer paid is around £158,000 based on approximately 2 sales in St. Winnold Close, Downham Market, PE38 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £142,000. 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 £120,600 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £114,888 per sale.