Wymondham

Area Guide For Wymondham

Wymondhamis a noteworthy business sector town and common area in the English region of Norfolk. It lies 9.5 miles to the south west of the city of Norwich, on the A11 street from Norwich to London. The ward incorporates expansive provincial regions to the north and south of the town itself. It is the fourth biggest common area in Norfolk.
In the town focus, there is a business cross, which is presently utilized as a Tourist Information Centre and is possessed by the Town Council. The first building was obliterated in the Great Fire of Wymondham in 1615; the present building was revamped between 1617-18 at an expense of £25-7-0d with stores credited by neighbourhood man, Philip Cullyer.

 
 

Wymondham Map

Estimated Price: £242,295
Average Asking Price: £277,927
Price change in last one year: £17,916
Average Price Paid: £208,640
Average Rent Rates: £1,322

 
 

Property Prices Breakdown in Wymondham

Average Price for property in Wymondham is around £242,295 which varies based on type of property you are interested in and ranges from £310,033 for detached house to around £197,131 for semi-detached. Similarly terraced house is around £174,676 and a flat is worth £130,312. Values have been changing and have risen £4,246 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,083 in last 6 months, £17,916 in last 1 year, £31,495 in last 2 years, £46,851 in last 3 years, £37,201 in last 4 years and £43,993 in last 5 years.

Currently average asking price of a property in Wymondham is around £277,927 based on approximately 377 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £1,322 per month.

Estimated property value in Wymondham is £242,295. Average asking price is £277,927 while average price paid is £221,741 which is up by £17,916 and Avg. asking rent £1,322.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 Wymondham area. In last 1 year alone average price buyer paid is around £221,741 based on approximately 377 sales in Wymondham area alone. If you compare it to last 3 years sales of 1,053 properties where buyers paid around £213,989. 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 £208,640 for 1,596 and average amount paid for purchase of approx. 2,104 properties sold in last 7 years comes to about £205,272 per sale.

 
 

Properties For Sale in Wymondham

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £145,000, £196,761 for a 2 bedroom house, £230,468 for a 3 bedroom house, £329,987 for a 4 bedroom house and £491,523 for a 5 bedroom house. For a flat similarly the prices varies from £109,950 for a single bedroom to £121,650 for a 2 bedroom Flat. To sum up the asking prices for properties in Wymondham it comes to around average £127,475 for 1 bedroom property, £183,506 for 2 bedroom, £230,468 for 3 bedroom, £329,987 for 4 bedroom and £491,523 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £524 for 1 bedroom to £596 for 2 bedrooms, £831 for 3 bedrooms, £849 for 4 bedrooms and £1,651 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £495. You should be generally be expecting around average £501 rent per month for single bedroom property, £596 for 2 bedroom, £831 for 3 bedroom, £849 for 4 bedroom and approximately £1,651 for a 5 bedroom property in Wymondham area.

Popular Houses in Wymondham

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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