Bakers Lane, Westleton, Saxmundham, IP17

Street Guide For Bakers Lane, Westleton, Saxmundham, IP17

 

Bakers Lane, Westleton, Saxmundham, IP17 Map

Estimated Price: £399,215
Average Asking Price: £336,456
Price change in last one year: £28,091
Average Price Paid: £505,800
Average Rent Rates: £724

 

Property Prices Breakdown in Bakers Lane, Westleton, Saxmundham, IP17

Average Price for property in Bakers Lane, Westleton, Saxmundham, IP17 is around £399,215 which varies based on type of property you are interested in and ranges from £451,458 for detached house to around £327,086 for semi-detached. Similarly terraced house is around £197,652. Values have been changing and have risen £3,052 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,778 in last 6 months, £28,091 in last 1 year, £42,288 in last 2 years, £52,286 in last 3 years, £58,621 in last 4 years and £52,571 in last 5 years.

Currently average asking price of a property in Bakers Lane, Westleton, Saxmundham, IP17 is around £336,456 based on approximately 4 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £724 per month.

Estimated property value in Bakers Lane, Westleton, Saxmundham, IP17 is £399,215. Average asking price is £336,456 while average price paid is £549,750 which is up by £28,091 and Avg. asking rent £724.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 Bakers Lane, Westleton, Saxmundham, IP17 area. In last 1 year alone average price buyer paid is around £549,750 based on approximately 4 sales in Bakers Lane, Westleton, Saxmundham, IP17 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £549,750. 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 £505,800 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £505,800 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 £194,995, £156,382 for a 2 bedroom house, £309,720 for a 3 bedroom house, £389,036 for a 4 bedroom house and £472,498 for a 5 bedroom house. For a flat similarly the prices varies from £129,998 for a 2 bedroom to £475,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Bakers Lane, Westleton, Saxmundham, IP17 it comes to around average £194,995 for 1 bedroom property, £151,985 for 2 bedroom, £313,752 for 3 bedroom, £389,036 for 4 bedroom and £472,498 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 £488 for 1 bedroom to £577 for 2 bedrooms, £758 for 3 bedrooms, £949 for 4 bedrooms and £1,452 for 5 bedrooms house. You should be generally be expecting around average £488 rent per month for single bedroom property, £578 for 2 bedroom, £758 for 3 bedroom, £949 for 4 bedroom and approximately £1,452 for a 5 bedroom property in Bakers Lane, Westleton, Saxmundham, IP17 area.

Popular Houses in Bakers Lane, Westleton, Saxmundham, IP17

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 Bakers Lane, Westleton, Saxmundham, IP17