Hervey Terrace, Shotley Gate, Ipswich, IP9

Street Guide For Hervey Terrace, Shotley Gate, Ipswich, IP9

 

Hervey Terrace, Shotley Gate, Ipswich, IP9 Map

Estimated Price: £197,509
Average Asking Price: £357,047
Price change in last one year: £13,347
Average Price Paid: £150,166
Average Rent Rates: £1,049

 

Property Prices Breakdown in Hervey Terrace, Shotley Gate, Ipswich, IP9

Average Price for property in Hervey Terrace, Shotley Gate, Ipswich, IP9 is around £197,509 e.g. average price for semi-detached is around 197,509. Values have been changing and have risen £228 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,102 in last 6 months, £13,347 in last 1 year, £16,450 in last 2 years, £21,850 in last 3 years, £26,966 in last 4 years and £23,207 in last 5 years.

Currently average asking price of a property in Hervey Terrace, Shotley Gate, Ipswich, IP9 is around £357,047 based on approximately 0 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,049 per month.

Estimated property value in Hervey Terrace, Shotley Gate, Ipswich, IP9 is £197,509. Average asking price is £357,047 while average price paid is £160,500 which is up by £21,850 and Avg. asking rent £1,049.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 Hervey Terrace, Shotley Gate, Ipswich, IP9 area. In last 3 years alone average price buyer paid is around £160,500 based on approximately 1 sales in Hervey Terrace, Shotley Gate, Ipswich, IP9 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £150,166. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £150,166 for 3 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 £259,994, £294,164 for a 3 bedroom house, £344,676 for a 4 bedroom house and £783,333 for a 5 bedroom house. For a flat the prices of 2 bedroom is £90,000. To sum up the asking prices for properties in Hervey Terrace, Shotley Gate, Ipswich, IP9 it comes to around average £241,106 for 2 bedroom property, £294,164 for 3 bedroom, £344,676 for 4 bedroom and £783,333 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 £737 for 2 bedroom to £650 for 3 bedroom and £1,296 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £550. You should be generally be expecting around average £674 rent per month for 2 bedroom property, £650 for 3 bedroom and approximately £1,296 for 4 bedroom property in Hervey Terrace, Shotley Gate, Ipswich, IP9 area.

Popular Houses in Hervey Terrace, Shotley Gate, Ipswich, IP9

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 Hervey Terrace, Shotley Gate, Ipswich, IP9