Average Price for property in Thornham Road, Norwich, NR7 is around £190,824 which varies based on type of property you are interested in and ranges from £220,223 for detached house to around £187,628 for semi-detached. Similarly terraced house is around £176,773. Values have been changing and have risen £1,598 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,734 in last 6 months, £18,080 in last 1 year, £23,241 in last 2 years, £25,677 in last 3 years, £25,625 in last 4 years and £25,510 in last 5 years.
Currently average asking price of a property in Thornham Road, Norwich, NR7 is around £276,362 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £1,160 per month.
Estimated property value in Thornham Road, Norwich, NR7 is £190,824. Average asking price is £276,362 while average price paid is £167,500 which is up by £18,080 and Avg. asking rent £1,160.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 Thornham Road, Norwich, NR7 area. In last 1 year alone average price buyer paid is around £167,500 based on approximately 2 sales in Thornham Road, Norwich, NR7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £167,500. 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 £155,340 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £154,450 per sale.