Average Price for property in Gipping Place, Bury Road, Stowmarket, IP14 is around £124,722 which varies based on type of property you are interested in and ranges from £123,605 for detached house to around £113,289 for semi-detached. Similarly terraced house is around £124,122 and a flat is worth £125,112. Values have been changing and have risen £420 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £22 in last 6 months, £8,569 in last 1 year, £11,485 in last 2 years, £14,501 in last 3 years, £16,686 in last 4 years and £15,138 in last 5 years.
Currently average asking price of a property in Gipping Place, Bury Road, Stowmarket, IP14 is around £361,897 based on approximately 3 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £833 per month.
Estimated property value in Gipping Place, Bury Road, Stowmarket, IP14 is £124,722. Average asking price is £361,897 while average price paid is £97,500 which is up by £8,569 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 Gipping Place, Bury Road, Stowmarket, IP14 area. In last 1 year alone average price buyer paid is around £97,500 based on approximately 3 sales in Gipping Place, Bury Road, Stowmarket, IP14 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £84,375. 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 £82,275 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £88,288 per sale.