Gedding Road, Drinkstone, Bury St. Edmunds, IP30

Street Guide For Gedding Road, Drinkstone, Bury St. Edmunds, IP30

 

Gedding Road, Drinkstone, Bury St. Edmunds, IP30 Map

Estimated Price: £297,082
Average Asking Price: £517,473
Price change in last one year: £18,599
Average Price Paid: £212,000
Average Rent Rates: £1,289

 

Property Prices Breakdown in Gedding Road, Drinkstone, Bury St. Edmunds, IP30

Average Price for property in Gedding Road, Drinkstone, Bury St. Edmunds, IP30 is around £297,082 which varies based on type of property you are interested in and ranges from £374,417 for detached house to around £254,899 for semi-detached. Values have been changing and have risen £1,898 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,316 in last 6 months, £18,599 in last 1 year, £27,403 in last 2 years, £34,259 in last 3 years, £41,815 in last 4 years and £39,981 in last 5 years.

Currently average asking price of a property in Gedding Road, Drinkstone, Bury St. Edmunds, IP30 is around £517,473 based on approximately 2 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,289 per month.

Estimated property value in Gedding Road, Drinkstone, Bury St. Edmunds, IP30 is £297,082. Average asking price is £517,473 while average price paid is £265,250 which is up by £18,599 and Avg. asking rent £1,289.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 Gedding Road, Drinkstone, Bury St. Edmunds, IP30 area. In last 1 year alone average price buyer paid is around £265,250 based on approximately 2 sales in Gedding Road, Drinkstone, Bury St. Edmunds, IP30 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £252,666. 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 £212,000 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £249,428 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 2 bedroom is around £162,500, £350,103 for a 3 bedroom house, £446,329 for a 4 bedroom house and £994,000 for a 5 bedroom house. To sum up the asking prices for properties in Gedding Road, Drinkstone, Bury St. Edmunds, IP30 it comes to around average £162,500 for 2 bedroom property, £350,103 for 3 bedroom, £446,329 for 4 bedroom and £994,000 for 5 bedroom.

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 £624 for 1 bedroom to £650 for 2 bedroom, £802 for 3 bedroom and £1,591 for 4 bedroom. You should be generally be expecting around average £624 rent per month for single bedroom property, £650 for 2 bedroom, £802 for 3 bedroom and approximately £1,592 for 4 bedroom property in Gedding Road, Drinkstone, Bury St. Edmunds, IP30 area.

Popular Houses in Gedding Road, Drinkstone, Bury St. Edmunds, IP30

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 Gedding Road, Drinkstone, Bury St. Edmunds, IP30