Great Ashfield, Bury St. Edmunds, IP31

Street Guide For Great Ashfield, Bury St. Edmunds, IP31

 

Great Ashfield, Bury St. Edmunds, IP31 Map

Estimated Price: £381,894
Average Asking Price: £361,511
Price change in last one year: £29,025
Average Price Paid: £255,186
Average Rent Rates: £970

 

Property Prices Breakdown in Great Ashfield, Bury St. Edmunds, IP31

Average Price for property in Great Ashfield, Bury St. Edmunds, IP31 is around £381,894 which varies based on type of property you are interested in and ranges from £521,763 for detached house to around £538,070 for semi-detached. Similarly terraced house is around £521,286 and a flat is worth £277,397. Values have been changing and have risen £2,452 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,383 in last 6 months, £29,025 in last 1 year, £40,481 in last 2 years, £47,224 in last 3 years, £54,738 in last 4 years and £48,872 in last 5 years.

Currently average asking price of a property in Great Ashfield, Bury St. Edmunds, IP31 is around £361,511 based on approximately 2 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £970 per month.

Estimated property value in Great Ashfield, Bury St. Edmunds, IP31 is £381,894. Average asking price is £361,511 while average price paid is £245,000 which is up by £29,025 and Avg. asking rent £970.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 Great Ashfield, Bury St. Edmunds, IP31 area. In last 1 year alone average price buyer paid is around £245,000 based on approximately 2 sales in Great Ashfield, Bury St. Edmunds, IP31 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £252,415. 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 £255,186 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £290,317 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 £177,850, £308,467 for a 3 bedroom house, £360,688 for a 4 bedroom house and £619,385 for a 5 bedroom house. For a flat similarly the prices varies from £75,000 for a single bedroom to £210,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Great Ashfield, Bury St. Edmunds, IP31 it comes to around average £75,000 for 1 bedroom property, £181,869 for 2 bedroom, £308,467 for 3 bedroom, £360,688 for 4 bedroom and £619,385 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 £761 for 2 bedroom, £798 for 3 bedroom and £1,218 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £650. You should be generally be expecting around average £650 rent per month for single bedroom property, £738 for 2 bedroom, £798 for 3 bedroom and approximately £1,218 for 4 bedroom property in Great Ashfield, Bury St. Edmunds, IP31 area.

Popular Houses in Great Ashfield, Bury St. Edmunds, IP31

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 Great Ashfield, Bury St. Edmunds, IP31