Malthouse Road, Hethersett, Norwich, NR9

Street Guide For Malthouse Road, Hethersett, Norwich, NR9

 

Malthouse Road, Hethersett, Norwich, NR9 Map

Estimated Price: £246,067
Average Asking Price: £325,570
Price change in last one year: £20,707
Average Price Paid: £217,140
Average Rent Rates: £1,732

 

Property Prices Breakdown in Malthouse Road, Hethersett, Norwich, NR9

Average Price for property in Malthouse Road, Hethersett, Norwich, NR9 is around £246,067 which varies based on type of property you are interested in and ranges from £266,447 for detached house to around £252,501 for semi-detached. Similarly terraced house is around £175,007. Values have been changing and have risen £1,863 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,397 in last 6 months, £20,707 in last 1 year, £24,164 in last 2 years, £28,638 in last 3 years, £29,983 in last 4 years and £29,810 in last 5 years.

Currently average asking price of a property in Malthouse Road, Hethersett, Norwich, NR9 is around £325,570 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £1,732 per month.

Estimated property value in Malthouse Road, Hethersett, Norwich, NR9 is £246,067. Average asking price is £325,570 while average price paid is £163,000 which is up by £20,707 and Avg. asking rent £1,732.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 Malthouse Road, Hethersett, Norwich, NR9 area. In last 1 year alone average price buyer paid is around £163,000 based on approximately 1 sales in Malthouse Road, Hethersett, Norwich, NR9 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £208,200. 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 £217,140 for 8 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £196,862 per sale.

 
 

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 £130,000, £163,195 for a 2 bedroom house, £251,508 for a 3 bedroom house, £356,483 for a 4 bedroom house and £487,135 for a 5 bedroom house. For a flat the prices of 2 bedroom is £113,750. To sum up the asking prices for properties in Malthouse Road, Hethersett, Norwich, NR9 it comes to around average £130,000 for 1 bedroom property, £155,588 for 2 bedroom, £251,508 for 3 bedroom, £356,483 for 4 bedroom and £487,135 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 £585 for 2 bedroom to £797 for 3 bedroom, £997 for 4 bedroom and £1,352 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £637. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £997. You should be generally be expecting around average £620 rent per month for 2 bedroom property, £847 for 3 bedroom, £997 for 4 bedroom and approximately £1,352 for 5 bedroom property in Malthouse Road, Hethersett, Norwich, NR9 area.

Popular Houses in Malthouse Road, Hethersett, Norwich, NR9

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.

Areas in and around Malthouse Road, Hethersett, Norwich, NR9