Average Price for property in Mead Drive, Kesgrave, Ipswich, IP5 is around £240,804 e.g. average price for a flat is around 240,804. Values have been changing and have risen £1,363 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,956 in last 6 months, £20,688 in last 1 year, £27,702 in last 2 years, £32,771 in last 3 years, £34,198 in last 4 years and £33,230 in last 5 years.
Currently average asking price of a property in Mead Drive, Kesgrave, 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 Mead Drive, Kesgrave, Ipswich, IP5 is £240,804. Average asking price is £271,162 while average price paid is £210,500 which is up by £20,688 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 Mead Drive, Kesgrave, Ipswich, IP5 area. In last 1 year alone average price buyer paid is around £210,500 based on approximately 4 sales in Mead Drive, Kesgrave, Ipswich, IP5 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £201,038. 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 £194,418 for 19 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £192,997 per sale.