Average Price for property in Cormorant Drive, Stowmarket, IP14 is around £194,981 which varies based on type of property you are interested in and ranges from £249,856 for detached house to around £205,131 for semi-detached. Similarly terraced house is around £167,082 and a flat is worth £119,974. Values have been changing and have risen £656 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £35 in last 6 months, £13,373 in last 1 year, £17,923 in last 2 years, £22,631 in last 3 years, £26,037 in last 4 years and £23,617 in last 5 years.
Currently average asking price of a property in Cormorant Drive, Stowmarket, IP14 is around £361,897 based on approximately 8 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 Cormorant Drive, Stowmarket, IP14 is £194,981. Average asking price is £361,897 while average price paid is £167,374 which is up by £13,373 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 Cormorant Drive, Stowmarket, IP14 area. In last 1 year alone average price buyer paid is around £167,374 based on approximately 8 sales in Cormorant Drive, Stowmarket, IP14 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £161,165. 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 £156,020 for 23 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £156,605 per sale.