Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28

Street Guide For Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28

 

Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28 Map

Estimated Price: £388,141
Average Asking Price: £273,145
Price change in last one year: £31,749
Average Price Paid: £313,062
Average Rent Rates: £1,082

 

Property Prices Breakdown in Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28

Average Price for property in Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28 is around £388,141 which varies based on type of property you are interested in and ranges from £421,196 for detached house to around £333,667 for semi-detached. Similarly terraced house is around £244,287. Values have been changing and have risen £1,910 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,009 in last 6 months, £31,749 in last 1 year, £41,133 in last 2 years, £43,829 in last 3 years, £50,946 in last 4 years and £48,200 in last 5 years.

Currently average asking price of a property in Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28 is around £273,145 based on approximately 1 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,082 per month.

Estimated property value in Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28 is £388,141. Average asking price is £273,145 while average price paid is £406,250 which is up by £31,749 and Avg. asking rent £1,082.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 Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28 area. In last 1 year alone average price buyer paid is around £406,250 based on approximately 1 sales in Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £334,083. 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 £313,062 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £294,050 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 £120,000, £168,413 for a 2 bedroom house, £217,373 for a 3 bedroom house, £337,849 for a 4 bedroom house and £450,562 for a 5 bedroom house. For a flat similarly the prices varies from £104,987 for a single bedroom to £236,895 for a 2 bedroom Flat. To sum up the asking prices for properties in Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28 it comes to around average £107,990 for 1 bedroom property, £190,039 for 2 bedroom, £217,373 for 3 bedroom, £337,849 for 4 bedroom and £450,562 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 £650 for 1 bedroom to £861 for 2 bedrooms, £1,021 for 3 bedrooms, £1,363 for 4 bedrooms and £2,019 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £824. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £1,248. You should be generally be expecting around average £650 rent per month for single bedroom property, £835 for 2 bedroom, £1,026 for 3 bedroom, £1,363 for 4 bedroom and approximately £2,019 for a 5 bedroom property in Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28 area.

Popular Houses in Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28

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 Aldridge Lane, Fornham All Saints, Bury St. Edmunds, IP28