Values have been changing and have risen £1,019 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,293 in last 6 months, £12,697 in last 1 year, £17,513 in last 2 years, £22,132 in last 3 years, £20,614 in last 4 years and £20,335 in last 5 years.
Currently average asking price of a property in Wellesley Road, Great Yarmouth, NR30 is around £164,491 based on approximately 4 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £1,247 per month.
Estimated property value in Wellesley Road, Great Yarmouth, NR30 is £180,598. Average asking price is £164,491 while average price paid is £149,187 which is up by £12,697 and Avg. asking rent £1,247.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 Road, Great Yarmouth, NR30 area. In last 1 year alone average price buyer paid is around £149,187 based on approximately 4 sales in Wellesley Road, Great Yarmouth, NR30 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £122,583. 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 £136,104 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £140,983 per sale.