Average Price for property in Upper Norwood is around £378,176 which varies based on type of property you are interested in and ranges from £772,623 for detached house to around £554,515 for semi-detached. Similarly terraced house is around £425,792 and a flat is worth £271,703. Values have been changing and have risen £2,312 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,641 in last 6 months, £42,841 in last 1 year, £80,046 in last 2 years, £96,217 in last 3 years, £98,263 in last 4 years and £104,102 in last 5 years.
Currently average asking price of a property in Upper Norwood is around £492,649 based on approximately 316 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £1,359 per month.
Estimated property value in Upper Norwood is £378,176. Average asking price is £492,649 while average price paid is £348,544 which is up by £42,841 and Avg. asking rent £1,359.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 Upper Norwood area. In last 1 year alone average price buyer paid is around £348,544 based on approximately 316 sales in Upper Norwood area alone. If you compare it to last 3 years sales of 986 properties where buyers paid around £304,090. 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 £286,379 for 1,430 and average amount paid for purchase of approx. 1,796 properties sold in last 7 years comes to about £276,109 per sale.