The Ridings, Poringland, Norwich, NR14

Street Guide For The Ridings, Poringland, Norwich, NR14

 

The Ridings, Poringland, Norwich, NR14 Map

Estimated Price: £449,681
Average Asking Price: £297,192
Price change in last one year: £33,366
Average Price Paid: £186,343
Average Rent Rates: £718

 

Property Prices Breakdown in The Ridings, Poringland, Norwich, NR14

Average Price for property in The Ridings, Poringland, Norwich, NR14 is around £449,681 e.g. average price for detached house is around 449,681. Values have been changing and have risen £2,264 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,899 in last 6 months, £33,366 in last 1 year, £42,969 in last 2 years, £56,373 in last 3 years, £55,112 in last 4 years and £50,478 in last 5 years.

Currently average asking price of a property in The Ridings, Poringland, Norwich, NR14 is around £297,192 based on approximately 19 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £718 per month.

Estimated property value in The Ridings, Poringland, Norwich, NR14 is £449,681. Average asking price is £297,192 while average price paid is £186,694 which is up by £33,366 and Avg. asking rent £718.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 The Ridings, Poringland, Norwich, NR14 area. In last 1 year alone average price buyer paid is around £186,694 based on approximately 19 sales in The Ridings, Poringland, Norwich, NR14 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £186,343. 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 £186,343 for 22 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £186,343 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 2 bedroom is around £214,490, £224,877 for a 3 bedroom house, £364,346 for a 4 bedroom house and £452,247 for a 5 bedroom house. For a flat similarly the prices varies from £108,632 for a single bedroom to £233,332 for a 2 bedroom Flat. To sum up the asking prices for properties in The Ridings, Poringland, Norwich, NR14 it comes to around average £108,632 for 1 bedroom property, £217,630 for 2 bedroom, £224,877 for 3 bedroom, £364,346 for 4 bedroom and £452,247 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 £635 for 2 bedroom to £693 for 3 bedroom, £1,531 for 4 bedroom and £1,993 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £503. You should be generally be expecting around average £503 rent per month for single bedroom property, £635 for 2 bedroom, £693 for 3 bedroom, £1,531 for 4 bedroom and approximately £1,994 for a 5 bedroom property in The Ridings, Poringland, Norwich, NR14 area.

Popular Houses in The Ridings, Poringland, Norwich, NR14

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 The Ridings, Poringland, Norwich, NR14