Average Price for property in Lord Nelson Drive, New Costessey, Norwich, NR5 is around £203,813 which varies based on type of property you are interested in and ranges from £228,303 for detached house to around £198,280 for semi-detached. Similarly terraced house is around £204,700 and a flat is worth £155,382. Values have been changing and have risen £834 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,422 in last 6 months, £15,750 in last 1 year, £21,991 in last 2 years, £26,843 in last 3 years, £27,298 in last 4 years and £26,498 in last 5 years.
Currently average asking price of a property in Lord Nelson Drive, New Costessey, Norwich, NR5 is around £213,510 based on approximately 13 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 Lord Nelson Drive, New Costessey, Norwich, NR5 is £203,813. Average asking price is £213,510 while average price paid is £207,614 which is up by £15,750 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 Lord Nelson Drive, New Costessey, Norwich, NR5 area. In last 1 year alone average price buyer paid is around £207,614 based on approximately 13 sales in Lord Nelson Drive, New Costessey, Norwich, NR5 area alone. If you compare it to last 3 years sales of 61 properties where buyers paid around £171,551. 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 £173,391 for 82 and average amount paid for purchase of approx. 114 properties sold in last 7 years comes to about £173,463 per sale.