Marigold Drive, Red Lodge, Bury St. Edmunds, IP28

Street Guide For Marigold Drive, Red Lodge, Bury St. Edmunds, IP28

 

Marigold Drive, Red Lodge, Bury St. Edmunds, IP28 Map

Estimated Price: £158,718
Average Asking Price: £273,504
Price change in last one year: £12,985
Average Price Paid: £126,572
Average Rent Rates: £1,076

 

Property Prices Breakdown in Marigold Drive, Red Lodge, Bury St. Edmunds, IP28

Average Price for property in Marigold Drive, Red Lodge, Bury St. Edmunds, IP28 is around £158,718 which varies based on type of property you are interested in and ranges from £173,784 for detached house to around £174,332 for semi-detached. Similarly terraced house is around £151,595. Values have been changing and have risen £781 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,231 in last 6 months, £12,985 in last 1 year, £16,825 in last 2 years, £17,933 in last 3 years, £20,846 in last 4 years and £19,728 in last 5 years.

Currently average asking price of a property in Marigold Drive, Red Lodge, Bury St. Edmunds, IP28 is around £273,504 based on approximately 7 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £1,076 per month.

Estimated property value in Marigold Drive, Red Lodge, Bury St. Edmunds, IP28 is £158,718. Average asking price is £273,504 while average price paid is £138,785 which is up by £12,985 and Avg. asking rent £1,076.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 Marigold Drive, Red Lodge, Bury St. Edmunds, IP28 area. In last 1 year alone average price buyer paid is around £138,785 based on approximately 7 sales in Marigold Drive, Red Lodge, Bury St. Edmunds, IP28 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £133,103. 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 £126,572 for 20 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £123,706 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 £120,000, £168,413 for a 2 bedroom house, £217,373 for a 3 bedroom house, £337,849 for a 4 bedroom house and £450,562 for a 5 bedroom house. For a flat similarly the prices varies from £104,987 for a single bedroom to £236,895 for a 2 bedroom Flat. To sum up the asking prices for properties in Marigold Drive, Red Lodge, Bury St. Edmunds, IP28 it comes to around average £107,990 for 1 bedroom property, £190,039 for 2 bedroom, £217,373 for 3 bedroom, £337,849 for 4 bedroom and £450,562 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 £650 for 1 bedroom to £861 for 2 bedrooms, £1,016 for 3 bedrooms, £1,363 for 4 bedrooms and £2,019 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £811. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £1,248. You should be generally be expecting around average £650 rent per month for single bedroom property, £825 for 2 bedroom, £1,021 for 3 bedroom, £1,363 for 4 bedroom and approximately £2,019 for a 5 bedroom property in Marigold Drive, Red Lodge, Bury St. Edmunds, IP28 area.

Popular Houses in Marigold Drive, Red Lodge, Bury St. Edmunds, IP28

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 Marigold Drive, Red Lodge, Bury St. Edmunds, IP28