Stalham Road, Hoveton, Norwich, NR12

Street Guide For Stalham Road, Hoveton, Norwich, NR12

 

Stalham Road, Hoveton, Norwich, NR12 Map

Estimated Price: £243,694
Average Asking Price: £309,168
Price change in last one year: £17,699
Average Price Paid: £210,875
Average Rent Rates: £795

 

Property Prices Breakdown in Stalham Road, Hoveton, Norwich, NR12

Average Price for property in Stalham Road, Hoveton, Norwich, NR12 is around £243,694 which varies based on type of property you are interested in and ranges from £310,929 for detached house to around £188,844 for semi-detached. Similarly terraced house is around £142,860 and a flat is worth £98,543. Values have been changing and have risen £412 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £543 in last 6 months, £17,699 in last 1 year, £22,792 in last 2 years, £31,827 in last 3 years, £27,568 in last 4 years and £27,285 in last 5 years.

Currently average asking price of a property in Stalham Road, Hoveton, Norwich, NR12 is around £309,168 based on approximately 5 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £795 per month.

Estimated property value in Stalham Road, Hoveton, Norwich, NR12 is £243,694. Average asking price is £309,168 while average price paid is £257,900 which is up by £17,699 and Avg. asking rent £795.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 Stalham Road, Hoveton, Norwich, NR12 area. In last 1 year alone average price buyer paid is around £257,900 based on approximately 5 sales in Stalham Road, Hoveton, Norwich, NR12 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £223,233. 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 £210,875 for 24 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £205,758 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £65,100, £139,182 for a 2 bedroom house, £273,868 for a 3 bedroom house, £357,323 for a 4 bedroom house and £594,089 for a 5 bedroom house. For a flat similarly the prices varies from £101,738 for a single bedroom to £126,389 for a 2 bedroom Flat. To sum up the asking prices for properties in Stalham Road, Hoveton, Norwich, NR12 it comes to around average £94,410 for 1 bedroom property, £137,197 for 2 bedroom, £273,868 for 3 bedroom, £357,323 for 4 bedroom and £594,089 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £596 for 1 bedroom to £619 for 2 bedrooms, £638 for 3 bedrooms, £1,030 for 4 bedrooms and £1,725 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £599. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £524. You should be generally be expecting around average £596 rent per month for single bedroom property, £613 for 2 bedroom, £619 for 3 bedroom, £1,030 for 4 bedroom and approximately £1,724 for a 5 bedroom property in Stalham Road, Hoveton, Norwich, NR12 area.

Popular Houses in Stalham Road, Hoveton, Norwich, NR12

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Stalham Road, Hoveton, Norwich, NR12