Average Price for property in Wakefield Road, Norwich, NR5 is around £165,149 which varies based on type of property you are interested in and ranges from £164,571 for detached house to around £178,927 for semi-detached. Similarly terraced house is around £164,494 and a flat is worth £119,510. Values have been changing and have risen £673 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,147 in last 6 months, £12,700 in last 1 year, £17,732 in last 2 years, £21,644 in last 3 years, £22,014 in last 4 years and £21,372 in last 5 years.
Currently average asking price of a property in Wakefield Road, Norwich, NR5 is around £213,510 based on approximately 1 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,140 per month.
Estimated property value in Wakefield Road, Norwich, NR5 is £165,149. Average asking price is £213,510 while average price paid is £125,000 which is up by £12,700 and Avg. asking rent £1,140.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 Wakefield Road, Norwich, NR5 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 1 sales in Wakefield Road, Norwich, NR5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £128,800. 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 £132,285 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £127,318 per sale.