Average Price for property in Summer Drive, Hoveton, Norwich, NR12 is around £313,244 e.g. average price for detached house is around 313,244. Values have been changing and have risen £497 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £654 in last 6 months, £21,389 in last 1 year, £27,543 in last 2 years, £38,464 in last 3 years, £33,313 in last 4 years and £32,970 in last 5 years.
Currently average asking price of a property in Summer Drive, Hoveton, Norwich, NR12 is around £309,168 based on approximately 2 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 Summer Drive, Hoveton, Norwich, NR12 is £313,244. Average asking price is £309,168 while average price paid is £254,750 which is up by £21,389 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 Summer Drive, Hoveton, Norwich, NR12 area. In last 1 year alone average price buyer paid is around £254,750 based on approximately 2 sales in Summer Drive, Hoveton, Norwich, NR12 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £246,900. 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 £246,900 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £248,857 per sale.