Jermyn Avenue, Bury St. Edmunds, IP32

Street Guide For Jermyn Avenue, Bury St. Edmunds, IP32

 

Jermyn Avenue, Bury St. Edmunds, IP32 Map

Estimated Price: £332,287
Average Asking Price: £223,948
Price change in last one year: £22,160
Average Price Paid: £246,573
Average Rent Rates: £2,628

 

Property Prices Breakdown in Jermyn Avenue, Bury St. Edmunds, IP32

Average Price for property in Jermyn Avenue, Bury St. Edmunds, IP32 is around £332,287 which varies based on type of property you are interested in and ranges from £373,454 for detached house to around £240,595 for semi-detached. Values have been changing and have risen £1,938 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,340 in last 6 months, £22,160 in last 1 year, £33,437 in last 2 years, £41,562 in last 3 years, £48,045 in last 4 years and £45,879 in last 5 years.

Currently average asking price of a property in Jermyn Avenue, Bury St. Edmunds, IP32 is around £223,948 based on approximately 3 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £2,628 per month.

Estimated property value in Jermyn Avenue, Bury St. Edmunds, IP32 is £332,287. Average asking price is £223,948 while average price paid is £324,316 which is up by £22,160 and Avg. asking rent £2,628.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 Jermyn Avenue, Bury St. Edmunds, IP32 area. In last 1 year alone average price buyer paid is around £324,316 based on approximately 3 sales in Jermyn Avenue, Bury St. Edmunds, IP32 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £239,931. 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 £246,573 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £242,967 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 £114,975, £158,333 for a 2 bedroom house, £206,556 for a 3 bedroom house and £354,167 for a 4 bedroom house. For a flat similarly the prices varies from £87,500 for a single bedroom to £170,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Jermyn Avenue, Bury St. Edmunds, IP32 it comes to around average £105,817 for 1 bedroom property, £161,250 for 2 bedroom, £206,556 for 3 bedroom and £354,167 for 4 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 £693 for 2 bedroom to £980 for 3 bedroom and £1,950 for 4 bedroom. You should be generally be expecting around average £693 rent per month for 2 bedroom property, £980 for 3 bedroom and approximately £1,950 for 4 bedroom property in Jermyn Avenue, Bury St. Edmunds, IP32 area.

Popular Houses in Jermyn Avenue, Bury St. Edmunds, IP32

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 Jermyn Avenue, Bury St. Edmunds, IP32