Average Price for property in Theatre Street, Norwich, NR2 is around £349,624 e.g. average price for a flat is around 349,624. Values have been changing and have risen £2,978 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,943 in last 6 months, £25,391 in last 1 year, £39,454 in last 2 years, £51,930 in last 3 years, £45,959 in last 4 years and £47,242 in last 5 years.
Currently average asking price of a property in Theatre Street, Norwich, NR2 is around £227,495 based on approximately 3 properties for sale. Same is the case with rental options based on 148 properties up for rent, average asking rent is around £890 per month.
Estimated property value in Theatre Street, Norwich, NR2 is £349,624. Average asking price is £227,495 while average price paid is £322,666 which is up by £25,391 and Avg. asking rent £890.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 Street, Norwich, NR2 area. In last 1 year alone average price buyer paid is around £322,666 based on approximately 3 sales in Theatre Street, Norwich, NR2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £322,666. 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 £305,600 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £308,785 per sale.