Lanark Road, Ipswich, IP4

Street Guide For Lanark Road, Ipswich, IP4

 
 

Lanark Road, Ipswich, IP4 Map

Estimated Price: £170,875
Average Asking Price: £224,149
Price change in last one year: £10,499
Average Price Paid: £153,500
Average Rent Rates: £660

David Brown
8-10 Falcon Street Ipswich Suffolk IP1 1SL

Free House valuation

 

Property Prices Breakdown in Lanark Road, Ipswich, IP4

Average Price for property in Lanark Road, Ipswich, IP4 is around £170,875 which varies based on type of property you are interested in and ranges from £166,501 for detached house to around £173,613 for semi-detached. Similarly terraced house is around £156,094. Values have been changing and have risen £406 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £435 in last 6 months, £10,499 in last 1 year, £15,285 in last 2 years, £19,000 in last 3 years, £21,106 in last 4 years and £21,866 in last 5 years.

Currently average asking price of a property in Lanark Road, Ipswich, IP4 is around £224,149 based on approximately 1 properties for sale. Same is the case with rental options based on 85 properties up for rent, average asking rent is around £660 per month.

Estimated property value in Lanark Road, Ipswich, IP4 is £170,875. Average asking price is £224,149 while average price paid is £157,500 which is up by £10,499 and Avg. asking rent £660.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 Lanark Road, Ipswich, IP4 area. In last 1 year alone average price buyer paid is around £157,500 based on approximately 1 sales in Lanark Road, Ipswich, IP4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £153,250. 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 £153,500 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £148,100 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 £73,125, £169,359 for a 2 bedroom house, £217,993 for a 3 bedroom house, £306,860 for a 4 bedroom house and £435,454 for a 5 bedroom house. For a flat similarly the prices varies from £87,444 for a single bedroom to £133,558 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £95,000. To sum up the asking prices for properties in Lanark Road, Ipswich, IP4 it comes to around average £84,954 for 1 bedroom property, £153,565 for 2 bedroom, £216,375 for 3 bedroom, £306,860 for 4 bedroom and £435,454 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 £362 for 1 bedroom to £554 for 2 bedroom, £871 for 3 bedroom and £948 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £455. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £660. You should be generally be expecting around average £421 rent per month for single bedroom property, £630 for 2 bedroom, £871 for 3 bedroom and approximately £948 for 4 bedroom property in Lanark Road, Ipswich, IP4 area.

Popular Houses in Lanark Road, Ipswich, IP4

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 Lanark Road, Ipswich, IP4