Average Price for property in Lancaster Drive, Martlesham Heath, Ipswich, IP5 is around £318,091 which varies based on type of property you are interested in and ranges from £428,923 for detached house to around £333,718 for semi-detached. Similarly terraced house is around £167,587 and a flat is worth £186,453. Values have been changing and have risen £1,805 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,913 in last 6 months, £27,383 in last 1 year, £36,665 in last 2 years, £43,374 in last 3 years, £45,261 in last 4 years and £43,977 in last 5 years.
Currently average asking price of a property in Lancaster Drive, Martlesham Heath, Ipswich, IP5 is around £271,162 based on approximately 4 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £833 per month.
Estimated property value in Lancaster Drive, Martlesham Heath, Ipswich, IP5 is £318,091. Average asking price is £271,162 while average price paid is £227,875 which is up by £27,383 and Avg. asking rent £833.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 Lancaster Drive, Martlesham Heath, Ipswich, IP5 area. In last 1 year alone average price buyer paid is around £227,875 based on approximately 4 sales in Lancaster Drive, Martlesham Heath, Ipswich, IP5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £209,450. 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 £199,782 for 14 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £195,796 per sale.