Melplash Road, Ipswich, IP3

Street Guide For Melplash Road, Ipswich, IP3

 

Melplash Road, Ipswich, IP3 Map

Estimated Price: £236,250
Average Asking Price: £206,610
Price change in last one year: £17,506
Average Price Paid: £206,500
Average Rent Rates: £721

 

Property Prices Breakdown in Melplash Road, Ipswich, IP3

Average Price for property in Melplash Road, Ipswich, IP3 is around £236,250 e.g. average price for semi-detached is around 236,250. Values have been changing and have risen £293 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £736 in last 6 months, £17,506 in last 1 year, £24,563 in last 2 years, £28,845 in last 3 years, £34,274 in last 4 years and £31,749 in last 5 years.

Currently average asking price of a property in Melplash Road, Ipswich, IP3 is around £206,610 based on approximately 2 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £721 per month.

Estimated property value in Melplash Road, Ipswich, IP3 is £236,250. Average asking price is £206,610 while average price paid is £216,000 which is up by £17,506 and Avg. asking rent £721.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 Melplash Road, Ipswich, IP3 area. In last 1 year alone average price buyer paid is around £216,000 based on approximately 2 sales in Melplash Road, Ipswich, IP3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £216,000. 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 £206,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £206,500 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 £250,000, £162,825 for a 2 bedroom house, £179,187 for a 3 bedroom house, £290,876 for a 4 bedroom house and £561,999 for a 5 bedroom house. For a flat similarly the prices varies from £100,360 for a single bedroom to £127,396 for a 2 bedroom Flat. To sum up the asking prices for properties in Melplash Road, Ipswich, IP3 it comes to around average £114,611 for 1 bedroom property, £134,812 for 2 bedroom, £179,187 for 3 bedroom, £290,876 for 4 bedroom and £561,999 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 £783 for 2 bedroom to £740 for 3 bedroom and £633 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £479. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £641. You should be generally be expecting around average £479 rent per month for single bedroom property, £664 for 2 bedroom, £740 for 3 bedroom and approximately £632 for 4 bedroom property in Melplash Road, Ipswich, IP3 area.

Popular Houses in Melplash Road, Ipswich, IP3

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 Melplash Road, Ipswich, IP3