Hornbeam Drive, Horringer, Bury St. Edmunds, IP29

Street Guide For Hornbeam Drive, Horringer, Bury St. Edmunds, IP29

 

Hornbeam Drive, Horringer, Bury St. Edmunds, IP29 Map

Estimated Price: £302,522
Average Asking Price: £512,701
Price change in last one year: £21,607
Average Price Paid: £221,900
Average Rent Rates: £1,153

 

Property Prices Breakdown in Hornbeam Drive, Horringer, Bury St. Edmunds, IP29

Average Price for property in Hornbeam Drive, Horringer, Bury St. Edmunds, IP29 is around £302,522 which varies based on type of property you are interested in and ranges from £311,670 for detached house to around £269,435 for semi-detached. Similarly terraced house is around £258,924. Values have been changing and have risen £2,264 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,905 in last 6 months, £21,607 in last 1 year, £30,114 in last 2 years, £35,039 in last 3 years, £36,471 in last 4 years and £36,226 in last 5 years.

Currently average asking price of a property in Hornbeam Drive, Horringer, Bury St. Edmunds, IP29 is around £512,701 based on approximately 1 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £1,153 per month.

Estimated property value in Hornbeam Drive, Horringer, Bury St. Edmunds, IP29 is £302,522. Average asking price is £512,701 while average price paid is £230,000 which is up by £21,607 and Avg. asking rent £1,153.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 Hornbeam Drive, Horringer, Bury St. Edmunds, IP29 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in Hornbeam Drive, Horringer, Bury St. Edmunds, IP29 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £235,000. 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 £221,900 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £221,900 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 1 bedroom is around £116,996, £222,936 for a 2 bedroom house, £261,248 for a 3 bedroom house, £364,748 for a 4 bedroom house and £627,498 for a 5 bedroom house. For a flat the prices of 3 bedroom is £425,000. To sum up the asking prices for properties in Hornbeam Drive, Horringer, Bury St. Edmunds, IP29 it comes to around average £116,996 for 1 bedroom property, £222,936 for 2 bedroom, £293,998 for 3 bedroom, £364,748 for 4 bedroom and £627,498 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 2 bedroom to £1,030 for 3 bedroom, £1,595 for 4 bedroom and £1,200 for 5 bedroom. You should be generally be expecting around average £650 rent per month for 2 bedroom property, £1,030 for 3 bedroom, £1,595 for 4 bedroom and approximately £1,200 for 5 bedroom property in Hornbeam Drive, Horringer, Bury St. Edmunds, IP29 area.

Popular Houses in Hornbeam Drive, Horringer, Bury St. Edmunds, IP29

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 Hornbeam Drive, Horringer, Bury St. Edmunds, IP29