Average Price for property in Forest Lane, Martlesham Heath, Ipswich, IP5 is around £447,299 which varies based on type of property you are interested in and ranges from £459,021 for detached house to around £201,132 for semi-detached. Values have been changing and have risen £2,562 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,556 in last 6 months, £38,893 in last 1 year, £52,077 in last 2 years, £61,604 in last 3 years, £64,281 in last 4 years and £62,454 in last 5 years.
Currently average asking price of a property in Forest Lane, Martlesham Heath, Ipswich, IP5 is around £271,162 based on approximately 1 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £833 per month.
Estimated property value in Forest Lane, Martlesham Heath, Ipswich, IP5 is £447,299. Average asking price is £271,162 while average price paid is £450,000 which is up by £38,893 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 Forest Lane, Martlesham Heath, Ipswich, IP5 area. In last 1 year alone average price buyer paid is around £450,000 based on approximately 1 sales in Forest Lane, Martlesham Heath, Ipswich, IP5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £390,000. 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 £359,400 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £347,125 per sale.