Average Price for property in Theatre Road, Wells-next-the-Sea, NR23 is around £345,588 which varies based on type of property you are interested in and ranges from £356,467 for detached house to around £458,639 for semi-detached. Similarly terraced house is around £286,148. Values have been changing and have risen £1,872 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,249 in last 6 months, £25,938 in last 1 year, £34,387 in last 2 years, £43,596 in last 3 years, £41,908 in last 4 years and £38,364 in last 5 years.
Currently average asking price of a property in Theatre Road, Wells-next-the-Sea, NR23 is around £414,615 based on approximately 1 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £914 per month.
Estimated property value in Theatre Road, Wells-next-the-Sea, NR23 is £345,588. Average asking price is £414,615 while average price paid is £295,000 which is up by £25,938 and Avg. asking rent £914.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 Theatre Road, Wells-next-the-Sea, NR23 area. In last 1 year alone average price buyer paid is around £295,000 based on approximately 1 sales in Theatre Road, Wells-next-the-Sea, NR23 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £272,500. 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 £310,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £310,000 per sale.