IP23

Real Estate Area Guide For IP23

 

IP23 Map

Estimated Price: £304,832
Average Asking Price: £324,798
Price change in last one year: £22,597
Average Price Paid: £246,492
Average Rent Rates: £662

 

Property Prices Breakdown in IP23

Average Price for property in IP23 is around £304,832 which varies based on type of property you are interested in and ranges from £382,068 for detached house to around £203,688 for semi-detached. Similarly terraced house is around £175,872 and a flat is worth £160,206. Values have been changing and have risen £1,522 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,593 in last 6 months, £22,597 in last 1 year, £33,410 in last 2 years, £34,602 in last 3 years, £37,781 in last 4 years and £36,647 in last 5 years.

Currently average asking price of a property in IP23 is around £324,798 based on approximately 104 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £662 per month.

Estimated property value in IP23 is £304,832. Average asking price is £324,798 while average price paid is £260,542 which is up by £22,597 and Avg. asking rent £662.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 IP23 area. In last 1 year alone average price buyer paid is around £260,542 based on approximately 104 sales in IP23 area alone. If you compare it to last 3 years sales of 283 properties where buyers paid around £241,708. 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 £246,492 for 495 and average amount paid for purchase of approx. 661 properties sold in last 7 years comes to about £251,679 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 £109,000, £190,872 for a 2 bedroom house, £268,011 for a 3 bedroom house, £412,117 for a 4 bedroom house and £480,000 for a 5 bedroom house. For a flat similarly the prices varies from £180,996 for a 2 bedroom to £330,000 for a 3 bedroom Flat. To sum up the asking prices for properties in IP23 it comes to around average £109,000 for 1 bedroom property, £188,628 for 2 bedroom, £270,077 for 3 bedroom, £412,117 for 4 bedroom and £480,000 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 £594 for 2 bedroom to £897 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £494. You should be generally be expecting around average £544 rent per month for 2 bedroom property and approximately £897 for 3 bedroom property in IP23 area.

Popular Houses in IP23

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.

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