Values have been changing and have risen £787 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,481 in last 6 months, £10,752 in last 1 year, £15,182 in last 2 years, £17,237 in last 3 years, £19,254 in last 4 years and £17,781 in last 5 years.
Currently average asking price of a property in Burrell Road, Ipswich, IP2 is around £211,873 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £699 per month.
Estimated property value in Burrell Road, Ipswich, IP2 is £125,696. Average asking price is £211,873 while average price paid is £96,500 which is up by £10,752 and Avg. asking rent £699.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 Burrell Road, Ipswich, IP2 area. In last 1 year alone average price buyer paid is around £96,500 based on approximately 1 sales in Burrell Road, Ipswich, IP2 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £91,937. 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 £88,192 for 13 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £99,261 per sale.