Market Place, Saxmundham, IP17

Street Guide For Market Place, Saxmundham, IP17

 

Market Place, Saxmundham, IP17 Map

Estimated Price: £149,500
Average Asking Price: £336,456
Price change in last one year: £9,924
Average Price Paid: £242,500
Average Rent Rates: £724

 

Property Prices Breakdown in Market Place, Saxmundham, IP17

Average Price for property in Market Place, Saxmundham, IP17 is around £149,500 which varies based on type of property you are interested in and ranges from £107,007 for detached house to around £161,553 for semi-detached. Similarly terraced house is around £176,170 and a flat is worth £87,881. Values have been changing and have risen £1,079 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,690 in last 6 months, £9,924 in last 1 year, £14,939 in last 2 years, £18,474 in last 3 years, £20,715 in last 4 years and £18,583 in last 5 years.

Currently average asking price of a property in Market Place, Saxmundham, IP17 is around £336,456 based on approximately 1 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £724 per month.

Estimated property value in Market Place, Saxmundham, IP17 is £149,500. Average asking price is £336,456 while average price paid is £242,500 which is up by £9,924 and Avg. asking rent £724.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 Market Place, Saxmundham, IP17 area. In last 1 year alone average price buyer paid is around £242,500 based on approximately 1 sales in Market Place, Saxmundham, IP17 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £242,500. 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 £242,500 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £157,500 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 £194,995, £156,382 for a 2 bedroom house, £309,720 for a 3 bedroom house, £389,036 for a 4 bedroom house and £472,498 for a 5 bedroom house. For a flat similarly the prices varies from £129,998 for a 2 bedroom to £475,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Market Place, Saxmundham, IP17 it comes to around average £194,995 for 1 bedroom property, £151,985 for 2 bedroom, £313,752 for 3 bedroom, £389,036 for 4 bedroom and £472,498 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 £488 for 1 bedroom to £577 for 2 bedrooms, £758 for 3 bedrooms, £949 for 4 bedrooms and £1,452 for 5 bedrooms house. You should be generally be expecting around average £488 rent per month for single bedroom property, £578 for 2 bedroom, £758 for 3 bedroom, £949 for 4 bedroom and approximately £1,452 for a 5 bedroom property in Market Place, Saxmundham, IP17 area.

Popular Houses in Market Place, Saxmundham, IP17

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 Market Place, Saxmundham, IP17