King Edward Road, Leiston, IP16

Street Guide For King Edward Road, Leiston, IP16

 

King Edward Road, Leiston, IP16 Map

Estimated Price: £232,463
Average Asking Price: £209,885
Price change in last one year: £19,076
Average Price Paid: £182,000
Average Rent Rates: £564

 

Property Prices Breakdown in King Edward Road, Leiston, IP16

Average Price for property in King Edward Road, Leiston, IP16 is around £232,463 which varies based on type of property you are interested in and ranges from £244,846 for detached house to around £205,380 for semi-detached. Similarly terraced house is around £210,016. Values have been changing and have risen £1,515 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,056 in last 6 months, £19,076 in last 1 year, £26,656 in last 2 years, £30,888 in last 3 years, £35,306 in last 4 years and £32,601 in last 5 years.

Currently average asking price of a property in King Edward Road, Leiston, IP16 is around £209,885 based on approximately 1 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £564 per month.

Estimated property value in King Edward Road, Leiston, IP16 is £232,463. Average asking price is £209,885 while average price paid is £190,000 which is up by £19,076 and Avg. asking rent £564.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 King Edward Road, Leiston, IP16 area. In last 1 year alone average price buyer paid is around £190,000 based on approximately 1 sales in King Edward Road, Leiston, IP16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £188,000. 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 £182,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £182,000 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 £114,998, £120,180 for a 2 bedroom house, £193,893 for a 3 bedroom house, £364,998 for a 4 bedroom house and £403,332 for a 5 bedroom house. For a flat similarly the prices varies from £231,667 for a single bedroom to £147,332 for a 2 bedroom Flat. To sum up the asking prices for properties in King Edward Road, Leiston, IP16 it comes to around average £184,999 for 1 bedroom property, £131,816 for 2 bedroom, £193,893 for 3 bedroom, £364,998 for 4 bedroom and £403,332 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 £661 for 1 bedroom to £496 for 2 bedrooms, £659 for 3 bedrooms, £849 for 4 bedrooms and £949 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £519. You should be generally be expecting around average £563 rent per month for single bedroom property, £511 for 2 bedroom, £658 for 3 bedroom, £849 for 4 bedroom and approximately £949 for a 5 bedroom property in King Edward Road, Leiston, IP16 area.

Popular Houses in King Edward Road, Leiston, IP16

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 King Edward Road, Leiston, IP16