Values have been changing and have risen £1,011 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,529 in last 6 months, £14,290 in last 1 year, £21,220 in last 2 years, £26,003 in last 3 years, £28,708 in last 4 years and £28,425 in last 5 years.
Currently average asking price of a property in Grove Park, Bury St. Edmunds, IP33 is around £381,635 based on approximately 2 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £1,173 per month.
Estimated property value in Grove Park, Bury St. Edmunds, IP33 is £206,818. Average asking price is £381,635 while average price paid is £201,000 which is up by £14,290 and Avg. asking rent £1,173.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 Park, Bury St. Edmunds, IP33 area. In last 1 year alone average price buyer paid is around £201,000 based on approximately 2 sales in Grove Park, Bury St. Edmunds, IP33 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £197,250. 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 £180,687 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £171,250 per sale.