Values have been changing and have risen £1,252 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,924 in last 6 months, £14,163 in last 1 year, £18,208 in last 2 years, £20,116 in last 3 years, £20,079 in last 4 years and £19,991 in last 5 years.
Currently average asking price of a property in Warnett 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 Warnett Road, Norwich, NR7 is £159,287. Average asking price is £276,362 while average price paid is £143,250 which is up by £14,163 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 Warnett Road, Norwich, NR7 area. In last 1 year alone average price buyer paid is around £143,250 based on approximately 2 sales in Warnett Road, Norwich, NR7 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £140,500. 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 £140,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £140,500 per sale.