Average Price for property in Grove Lane, Ipswich, IP4 is around £177,411 which varies based on type of property you are interested in and ranges from £173,334 for detached house to around £186,090 for semi-detached. Similarly terraced house is around £174,869 and a flat is worth £110,752. Values have been changing and have risen £425 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £455 in last 6 months, £11,021 in last 1 year, £16,044 in last 2 years, £19,944 in last 3 years, £22,155 in last 4 years and £22,951 in last 5 years.
Currently average asking price of a property in Grove Lane, Ipswich, IP4 is around £224,149 based on approximately 2 properties for sale. Same is the case with rental options based on 85 properties up for rent, average asking rent is around £660 per month.
Estimated property value in Grove Lane, Ipswich, IP4 is £177,411. Average asking price is £224,149 while average price paid is £170,000 which is up by £11,021 and Avg. asking rent £660.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 Grove Lane, Ipswich, IP4 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 2 sales in Grove Lane, Ipswich, IP4 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £143,857. 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 £147,178 for 14 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £142,375 per sale.