Bright Close, Bury St. Edmunds, IP33

Street Guide For Bright Close, Bury St. Edmunds, IP33

 

Bright Close, Bury St. Edmunds, IP33 Map

Estimated Price: £172,616
Average Asking Price: £381,635
Price change in last one year: £11,928
Average Price Paid: £156,100
Average Rent Rates: £1,173

 

Property Prices Breakdown in Bright Close, Bury St. Edmunds, IP33

Average Price for property in Bright Close, Bury St. Edmunds, IP33 is around £172,616 e.g. average price for terraced house is around 172,616. Values have been changing and have risen £844 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,276 in last 6 months, £11,928 in last 1 year, £17,714 in last 2 years, £21,706 in last 3 years, £23,966 in last 4 years and £23,731 in last 5 years.

Currently average asking price of a property in Bright Close, Bury St. Edmunds, IP33 is around £381,635 based on approximately 1 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £1,173 per month.

Estimated property value in Bright Close, Bury St. Edmunds, IP33 is £172,616. Average asking price is £381,635 while average price paid is £177,500 which is up by £11,928 and Avg. asking rent £1,173.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 Bright Close, Bury St. Edmunds, IP33 area. In last 1 year alone average price buyer paid is around £177,500 based on approximately 1 sales in Bright Close, Bury St. Edmunds, IP33 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £160,875. 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 £156,100 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £156,100 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 2 bedroom is around £216,111, £289,684 for a 3 bedroom house, £368,611 for a 4 bedroom house and £599,950 for a 5 bedroom house. For a flat similarly the prices varies from £125,982 for a single bedroom to £166,648 for a 2 bedroom Flat. To sum up the asking prices for properties in Bright Close, Bury St. Edmunds, IP33 it comes to around average £125,982 for 1 bedroom property, £203,745 for 2 bedroom, £289,684 for 3 bedroom, £368,611 for 4 bedroom and £599,950 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 £987 for 2 bedroom to £958 for 3 bedroom and £1,649 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £758. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £889. You should be generally be expecting around average £758 rent per month for single bedroom property, £938 for 2 bedroom, £958 for 3 bedroom and approximately £1,649 for 4 bedroom property in Bright Close, Bury St. Edmunds, IP33 area.

Popular Houses in Bright Close, Bury St. Edmunds, IP33

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 Bright Close, Bury St. Edmunds, IP33