Average Price for property in Bury St. Edmunds is around £280,326 which varies based on type of property you are interested in and ranges from £369,056 for detached house to around £227,885 for semi-detached. Similarly terraced house is around £205,609 and a flat is worth £155,683. Values have been changing and have risen £3,463 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,295 in last 6 months, £23,547 in last 1 year, £29,470 in last 2 years, £35,065 in last 3 years, £40,385 in last 4 years and £44,555 in last 5 years.
Currently average asking price of a property in Bury St. Edmunds is around £349,831 based on approximately 1,769 properties for sale. Same is the case with rental options based on 212 properties up for rent, average asking rent is around £1,372 per month.
Estimated property value in Bury St. Edmunds is £280,326. Average asking price is £349,831 while average price paid is £244,091 which is up by £23,547 and Avg. asking rent £1,372.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 Bury St. Edmunds area. In last 1 year alone average price buyer paid is around £244,091 based on approximately 1,769 sales in Bury St. Edmunds area alone. If you compare it to last 3 years sales of 5,132 properties where buyers paid around £228,869. 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 £224,211 for 8,328 and average amount paid for purchase of approx. 11,258 properties sold in last 7 years comes to about £220,952 per sale.