Values have been changing and have risen £242 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £370 in last 6 months, £7,948 in last 1 year, £14,030 in last 2 years, £14,830 in last 3 years, £18,339 in last 4 years and £16,340 in last 5 years.
Currently average asking price of a property in Connaught Road, Ipswich, IP1 is around £202,251 based on approximately 1 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £712 per month.
Estimated property value in Connaught Road, Ipswich, IP1 is £126,693. Average asking price is £202,251 while average price paid is £115,000 which is up by £7,948 and Avg. asking rent £712.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 Connaught Road, Ipswich, IP1 area. In last 1 year alone average price buyer paid is around £115,000 based on approximately 1 sales in Connaught Road, Ipswich, IP1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £115,000. 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 £115,000 for 1 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £105,000 per sale.