Average Price for property in Chapel Lane, Lower Somersham, Ipswich, IP8 is around £273,518 which varies based on type of property you are interested in and ranges from £241,058 for detached house to around £338,439 for terraced house. Values have been changing and have risen £913 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £242 in last 6 months, £15,044 in last 1 year, £26,057 in last 2 years, £32,479 in last 3 years, £35,668 in last 4 years and £34,933 in last 5 years.
Currently average asking price of a property in Chapel Lane, Lower Somersham, Ipswich, IP8 is around £310,688 based on approximately 1 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £976 per month.
Estimated property value in Chapel Lane, Lower Somersham, Ipswich, IP8 is £273,518. Average asking price is £310,688 while average price paid is £335,000 which is up by £15,044 and Avg. asking rent £976.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 Chapel Lane, Lower Somersham, Ipswich, IP8 area. In last 1 year alone average price buyer paid is around £335,000 based on approximately 1 sales in Chapel Lane, Lower Somersham, Ipswich, IP8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £335,000. 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 £271,250 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £271,250 per sale.