Average Price for property in Magnolia Drive, Rendlesham, Woodbridge, IP12 is around £244,119 which varies based on type of property you are interested in and ranges from £280,850 for detached house to around £215,720 for semi-detached. Similarly terraced house is around £210,000 and a flat is worth £123,775. Values have been changing and have risen £1,814 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,127 in last 6 months, £18,843 in last 1 year, £30,786 in last 2 years, £33,551 in last 3 years, £35,836 in last 4 years and £36,326 in last 5 years.
Currently average asking price of a property in Magnolia Drive, Rendlesham, Woodbridge, IP12 is around £372,070 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £633 per month.
Estimated property value in Magnolia Drive, Rendlesham, Woodbridge, IP12 is £244,119. Average asking price is £372,070 while average price paid is £235,000 which is up by £18,843 and Avg. asking rent £633.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 Magnolia Drive, Rendlesham, Woodbridge, IP12 area. In last 1 year alone average price buyer paid is around £235,000 based on approximately 1 sales in Magnolia Drive, Rendlesham, Woodbridge, IP12 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £213,975. 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 £210,708 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £209,697 per sale.