Average Price for property in West Parade, Norwich, NR2 is around £576,648 which varies based on type of property you are interested in and ranges from £624,683 for detached house to around £597,434 for semi-detached. Similarly flat is around £256,564. Values have been changing and have risen £4,870 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,354 in last 6 months, £41,515 in last 1 year, £64,505 in last 2 years, £84,900 in last 3 years, £75,135 in last 4 years and £77,229 in last 5 years.
Currently average asking price of a property in West Parade, Norwich, NR2 is around £227,495 based on approximately 2 properties for sale. Same is the case with rental options based on 148 properties up for rent, average asking rent is around £890 per month.
Estimated property value in West Parade, Norwich, NR2 is £576,648. Average asking price is £227,495 while average price paid is £770,758 which is up by £41,515 and Avg. asking rent £890.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 West Parade, Norwich, NR2 area. In last 1 year alone average price buyer paid is around £770,758 based on approximately 2 sales in West Parade, Norwich, NR2 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £572,216. 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 £539,439 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £516,293 per sale.