Average Price for property in Elms Road, Freckenham, Bury St. Edmunds, IP28 is around £749,964 e.g. average price for detached house is around 749,964. Values have been changing and have risen £3,687 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,807 in last 6 months, £61,339 in last 1 year, £79,464 in last 2 years, £84,672 in last 3 years, £98,419 in last 4 years and £93,108 in last 5 years.
Currently average asking price of a property in Elms Road, Freckenham, Bury St. Edmunds, IP28 is around £273,145 based on approximately 1 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,082 per month.
Estimated property value in Elms Road, Freckenham, Bury St. Edmunds, IP28 is £749,964. Average asking price is £273,145 while average price paid is £790,000 which is up by £61,339 and Avg. asking rent £1,082.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 Elms Road, Freckenham, Bury St. Edmunds, IP28 area. In last 1 year alone average price buyer paid is around £790,000 based on approximately 1 sales in Elms Road, Freckenham, Bury St. Edmunds, IP28 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £790,000. 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 £661,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £574,000 per sale.