Values have been changing and have risen £650 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,024 in last 6 months, £10,788 in last 1 year, £13,979 in last 2 years, £14,900 in last 3 years, £17,321 in last 4 years and £16,392 in last 5 years.
Currently average asking price of a property in Clare Close, Mildenhall, Bury St. Edmunds, IP28 is around £273,504 based on approximately 4 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £1,076 per month.
Estimated property value in Clare Close, Mildenhall, Bury St. Edmunds, IP28 is £131,833. Average asking price is £273,504 while average price paid is £115,998 which is up by £10,788 and Avg. asking rent £1,076.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 Clare Close, Mildenhall, Bury St. Edmunds, IP28 area. In last 1 year alone average price buyer paid is around £115,998 based on approximately 4 sales in Clare Close, Mildenhall, Bury St. Edmunds, IP28 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £112,144. 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 £108,265 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £108,590 per sale.