Average Price for property in Wellesley Avenue South, Norwich, NR1 is around £458,504 e.g. average price for detached house is around 458,504. Values have been changing and have risen £1,288 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £352 in last 6 months, £40,686 in last 1 year, £50,166 in last 2 years, £57,623 in last 3 years, £58,924 in last 4 years and £51,058 in last 5 years.
Currently average asking price of a property in Wellesley Avenue South, Norwich, NR1 is around £207,987 based on approximately 1 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £1,070 per month.
Estimated property value in Wellesley Avenue South, Norwich, NR1 is £458,504. Average asking price is £207,987 while average price paid is £440,000 which is up by £40,686 and Avg. asking rent £1,070.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 Wellesley Avenue South, Norwich, NR1 area. In last 1 year alone average price buyer paid is around £440,000 based on approximately 1 sales in Wellesley Avenue South, Norwich, NR1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £376,000. 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 £414,833 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £384,500 per sale.