Average Price for property in Hobbies Lane, Mendlesham, Stowmarket, IP14 is around £800,561 e.g. average price for detached house is around 800,561. Values have been changing and have risen £2,869 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £167 in last 6 months, £58,583 in last 1 year, £78,503 in last 2 years, £99,114 in last 3 years, £114,030 in last 4 years and £103,403 in last 5 years.
Currently average asking price of a property in Hobbies Lane, Mendlesham, Stowmarket, IP14 is around £361,897 based on approximately 0 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 Hobbies Lane, Mendlesham, Stowmarket, IP14 is £800,561. Average asking price is £361,897 while average price paid is £490,000 which is up by £103,403 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 Hobbies Lane, Mendlesham, Stowmarket, IP14 area. In last 5 years alone average price buyer paid is around £490,000 based on approximately 1 sales in Hobbies Lane, Mendlesham, Stowmarket, IP14 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £665,000.