Folly Road, Mildenhall, Bury St. Edmunds, IP28

Street Guide For Folly Road, Mildenhall, Bury St. Edmunds, IP28

 

Folly Road, Mildenhall, Bury St. Edmunds, IP28 Map

Estimated Price: £277,129
Average Asking Price: £273,504
Price change in last one year: £22,669
Average Price Paid: £180,896
Average Rent Rates: £1,076

 

Property Prices Breakdown in Folly Road, Mildenhall, Bury St. Edmunds, IP28

Average Price for property in Folly Road, Mildenhall, Bury St. Edmunds, IP28 is around £277,129 which varies based on type of property you are interested in and ranges from £302,525 for detached house to around £231,982 for semi-detached. Similarly terraced house is around £164,378 and a flat is worth £118,977. Values have been changing and have risen £1,363 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,147 in last 6 months, £22,669 in last 1 year, £29,370 in last 2 years, £31,297 in last 3 years, £36,380 in last 4 years and £34,421 in last 5 years.

Currently average asking price of a property in Folly Road, Mildenhall, Bury St. Edmunds, IP28 is around £273,504 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 £1,076 per month.

Estimated property value in Folly Road, Mildenhall, Bury St. Edmunds, IP28 is £277,129. Average asking price is £273,504 while average price paid is £149,950 which is up by £22,669 and Avg. asking rent £1,076.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 Road, Mildenhall, Bury St. Edmunds, IP28 area. In last 1 year alone average price buyer paid is around £149,950 based on approximately 1 sales in Folly Road, Mildenhall, Bury St. Edmunds, IP28 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £191,658. 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 £180,896 for 15 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £180,055 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 £120,000, £168,413 for a 2 bedroom house, £216,656 for a 3 bedroom house, £342,315 for a 4 bedroom house and £450,714 for a 5 bedroom house. For a flat similarly the prices varies from £104,987 for a single bedroom to £236,895 for a 2 bedroom Flat. To sum up the asking prices for properties in Folly Road, Mildenhall, Bury St. Edmunds, IP28 it comes to around average £107,990 for 1 bedroom property, £190,039 for 2 bedroom, £216,656 for 3 bedroom, £342,315 for 4 bedroom and £450,714 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 £650 for 1 bedroom to £861 for 2 bedrooms, £1,016 for 3 bedrooms, £1,363 for 4 bedrooms and £2,019 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £811. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £1,248. You should be generally be expecting around average £650 rent per month for single bedroom property, £825 for 2 bedroom, £1,021 for 3 bedroom, £1,363 for 4 bedroom and approximately £2,019 for a 5 bedroom property in Folly Road, Mildenhall, Bury St. Edmunds, IP28 area.

Popular Houses in Folly Road, Mildenhall, Bury St. Edmunds, IP28

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 Road, Mildenhall, Bury St. Edmunds, IP28