Average Price for property in Union Street, Norwich, NR2 is around £201,528 which varies based on type of property you are interested in and ranges from £320,650 for detached house to around £104,450 for semi-detached. Similarly terraced house is around £295,197 and a flat is worth £80,310. Values have been changing and have risen £1,683 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,924 in last 6 months, £14,343 in last 1 year, £22,289 in last 2 years, £29,337 in last 3 years, £25,969 in last 4 years and £26,697 in last 5 years.
Currently average asking price of a property in Union Street, Norwich, NR2 is around £227,495 based on approximately 0 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 Union Street, Norwich, NR2 is £201,528. Average asking price is £227,495 while average price paid is £120,000 which is up by £29,337 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 Union Street, Norwich, NR2 area. In last 3 years alone average price buyer paid is around £120,000 based on approximately 5 sales in Union Street, Norwich, NR2 area alone. If you compare it to last 5 years sales of 13 properties where buyers paid around £145,057. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £122,309 for 19 per sale.