Dock Lane, Melton, Woodbridge, IP12

Street Guide For Dock Lane, Melton, Woodbridge, IP12

 

Dock Lane, Melton, Woodbridge, IP12 Map

Estimated Price: £353,042
Average Asking Price: £372,070
Price change in last one year: £25,580
Average Price Paid: £282,500
Average Rent Rates: £633

 

Property Prices Breakdown in Dock Lane, Melton, Woodbridge, IP12

Average Price for property in Dock Lane, Melton, Woodbridge, IP12 is around £353,042 e.g. average price for detached house is around 353,042. Values have been changing and have risen £2,463 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,244 in last 6 months, £25,580 in last 1 year, £41,792 in last 2 years, £45,545 in last 3 years, £48,646 in last 4 years and £49,309 in last 5 years.

Currently average asking price of a property in Dock Lane, Melton, Woodbridge, IP12 is around £372,070 based on approximately 2 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £633 per month.

Estimated property value in Dock Lane, Melton, Woodbridge, IP12 is £353,042. Average asking price is £372,070 while average price paid is £282,500 which is up by £25,580 and Avg. asking rent £633.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 Dock Lane, Melton, Woodbridge, IP12 area. In last 1 year alone average price buyer paid is around £282,500 based on approximately 2 sales in Dock Lane, Melton, Woodbridge, IP12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £282,500. 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 £282,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £282,500 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £87,500, £269,866 for a 2 bedroom house, £317,507 for a 3 bedroom house, £478,701 for a 4 bedroom house and £541,250 for a 5 bedroom house. For a flat similarly the prices varies from £140,296 for a single bedroom to £191,993 for a 2 bedroom Flat. To sum up the asking prices for properties in Dock Lane, Melton, Woodbridge, IP12 it comes to around average £136,525 for 1 bedroom property, £253,834 for 2 bedroom, £317,507 for 3 bedroom, £478,701 for 4 bedroom and £541,250 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £540 for 2 bedroom to £709 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £599. You should be generally be expecting around average £494 rent per month for single bedroom property, £574 for 2 bedroom and approximately £709 for 3 bedroom property in Dock Lane, Melton, Woodbridge, IP12 area.

Popular Houses in Dock Lane, Melton, Woodbridge, IP12

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Dock Lane, Melton, Woodbridge, IP12