Average Price for property in Melford Road, Stowmarket, IP14 is around £164,158 which varies based on type of property you are interested in and ranges from £233,012 for detached house to around £155,499 for semi-detached. Similarly terraced house is around £145,073 and a flat is worth £116,909. Values have been changing and have risen £567 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £30 in last 6 months, £11,559 in last 1 year, £15,492 in last 2 years, £19,563 in last 3 years, £22,508 in last 4 years and £20,416 in last 5 years.
Currently average asking price of a property in Melford Road, Stowmarket, IP14 is around £361,897 based on approximately 3 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £833 per month.
Estimated property value in Melford Road, Stowmarket, IP14 is £164,158. Average asking price is £361,897 while average price paid is £95,333 which is up by £11,559 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 Melford Road, Stowmarket, IP14 area. In last 1 year alone average price buyer paid is around £95,333 based on approximately 3 sales in Melford Road, Stowmarket, IP14 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £128,644. 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 £126,108 for 26 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £127,083 per sale.