Average Price for property in Melbourne Drive, Mildenhall, Bury St. Edmunds, IP28 is around £249,977 which varies based on type of property you are interested in and ranges from £261,516 for detached house to around £200,933 for semi-detached. Values have been changing and have risen £1,230 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,938 in last 6 months, £20,449 in last 1 year, £26,495 in last 2 years, £28,235 in last 3 years, £32,821 in last 4 years and £31,056 in last 5 years.
Currently average asking price of a property in Melbourne Drive, Mildenhall, Bury St. Edmunds, IP28 is around £273,504 based on approximately 6 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 Melbourne Drive, Mildenhall, Bury St. Edmunds, IP28 is £249,977. Average asking price is £273,504 while average price paid is £203,816 which is up by £20,449 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 Melbourne Drive, Mildenhall, Bury St. Edmunds, IP28 area. In last 1 year alone average price buyer paid is around £203,816 based on approximately 6 sales in Melbourne Drive, Mildenhall, Bury St. Edmunds, IP28 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £183,690. 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 £190,850 for 14 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £193,758 per sale.