Average Price for property in Chapel Road, Mendlesham, Stowmarket, IP14 is around £300,963 which varies based on type of property you are interested in and ranges from £298,342 for detached house to around £304,703 for semi-detached. Similarly terraced house is around £401,553 and a flat is worth £214,979. Values have been changing and have risen £1,079 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £62 in last 6 months, £22,026 in last 1 year, £29,517 in last 2 years, £37,269 in last 3 years, £42,881 in last 4 years and £38,890 in last 5 years.
Currently average asking price of a property in Chapel Road, Mendlesham, Stowmarket, IP14 is around £361,897 based on approximately 1 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £833 per month.
Estimated property value in Chapel Road, Mendlesham, Stowmarket, IP14 is £300,963. Average asking price is £361,897 while average price paid is £425,000 which is up by £22,026 and Avg. asking rent £833.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 Road, Mendlesham, Stowmarket, IP14 area. In last 1 year alone average price buyer paid is around £425,000 based on approximately 1 sales in Chapel Road, Mendlesham, Stowmarket, IP14 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £425,000. 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 £325,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £325,000 per sale.