Average Price for property in Water Meadow Way, Downham Market, PE38 is around £168,655 which varies based on type of property you are interested in and ranges from £173,504 for semi-detached to around £167,361 for terraced house. Values have been changing and have risen £1,165 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,508 in last 6 months, £13,142 in last 1 year, £22,953 in last 2 years, £22,205 in last 3 years, £21,722 in last 4 years and £17,039 in last 5 years.
Currently average asking price of a property in Water Meadow Way, Downham Market, PE38 is around £219,112 based on approximately 4 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £689 per month.
Estimated property value in Water Meadow Way, Downham Market, PE38 is £168,655. Average asking price is £219,112 while average price paid is £150,875 which is up by £13,142 and Avg. asking rent £689.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 Water Meadow Way, Downham Market, PE38 area. In last 1 year alone average price buyer paid is around £150,875 based on approximately 4 sales in Water Meadow Way, Downham Market, PE38 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £150,193. 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 £150,630 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £150,186 per sale.