Folly Lane, Copdock, Ipswich, IP8

Street Guide For Folly Lane, Copdock, Ipswich, IP8

 

Folly Lane, Copdock, Ipswich, IP8 Map

Estimated Price: £390,994
Average Asking Price: £312,002
Price change in last one year: £21,035
Average Price Paid: £342,500
Average Rent Rates: £976

 

Property Prices Breakdown in Folly Lane, Copdock, Ipswich, IP8

Average Price for property in Folly Lane, Copdock, Ipswich, IP8 is around £390,994 which varies based on type of property you are interested in and ranges from £378,583 for detached house to around £446,842 for semi-detached. Values have been changing and have risen £1,276 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £340 in last 6 months, £21,035 in last 1 year, £36,433 in last 2 years, £45,409 in last 3 years, £49,866 in last 4 years and £48,836 in last 5 years.

Currently average asking price of a property in Folly Lane, Copdock, Ipswich, IP8 is around £312,002 based on approximately 1 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £976 per month.

Estimated property value in Folly Lane, Copdock, Ipswich, IP8 is £390,994. Average asking price is £312,002 while average price paid is £320,000 which is up by £21,035 and Avg. asking rent £976.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 Folly Lane, Copdock, Ipswich, IP8 area. In last 1 year alone average price buyer paid is around £320,000 based on approximately 1 sales in Folly Lane, Copdock, Ipswich, IP8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £320,000. 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 £342,500 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £342,500 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 £126,248, £164,378 for a 2 bedroom house, £232,711 for a 3 bedroom house, £343,207 for a 4 bedroom house and £443,167 for a 5 bedroom house. To sum up the asking prices for properties in Folly Lane, Copdock, Ipswich, IP8 it comes to around average £126,248 for 1 bedroom property, £164,378 for 2 bedroom, £232,711 for 3 bedroom, £343,207 for 4 bedroom and £443,167 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 £596 for 2 bedroom to £923 for 3 bedroom. You should be generally be expecting around average £596 rent per month for 2 bedroom property and approximately £923 for 3 bedroom property in Folly Lane, Copdock, Ipswich, IP8 area.

Popular Houses in Folly Lane, Copdock, Ipswich, IP8

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 Folly Lane, Copdock, Ipswich, IP8