Average Price for property in Hemlin Close, Norwich, NR5 is around £187,214 which varies based on type of property you are interested in and ranges from £180,393 for semi-detached to around £194,035 for terraced house. Values have been changing and have risen £771 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,314 in last 6 months, £14,557 in last 1 year, £20,326 in last 2 years, £24,810 in last 3 years, £25,232 in last 4 years and £24,495 in last 5 years.
Currently average asking price of a property in Hemlin Close, Norwich, NR5 is around £213,510 based on approximately 3 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,140 per month.
Estimated property value in Hemlin Close, Norwich, NR5 is £187,214. Average asking price is £213,510 while average price paid is £186,000 which is up by £14,557 and Avg. asking rent £1,140.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 Hemlin Close, Norwich, NR5 area. In last 1 year alone average price buyer paid is around £186,000 based on approximately 3 sales in Hemlin Close, Norwich, NR5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £175,780. 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 £175,780 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £173,650 per sale.