Mendip Drive, Rushmere St. Andrew, Ipswich, IP5

Street Guide For Mendip Drive, Rushmere St. Andrew, Ipswich, IP5

 

Mendip Drive, Rushmere St. Andrew, Ipswich, IP5 Map

Estimated Price: £248,223
Average Asking Price: £268,558
Price change in last one year: £22,120
Average Price Paid: £210,498
Average Rent Rates: £807

 

Property Prices Breakdown in Mendip Drive, Rushmere St. Andrew, Ipswich, IP5

Average Price for property in Mendip Drive, Rushmere St. Andrew, Ipswich, IP5 is around £248,223 which varies based on type of property you are interested in and ranges from £277,761 for detached house to around £227,278 for semi-detached. Similarly terraced house is around £205,257. Values have been changing and have risen £1,458 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,162 in last 6 months, £22,120 in last 1 year, £29,617 in last 2 years, £35,036 in last 3 years, £36,560 in last 4 years and £35,524 in last 5 years.

Currently average asking price of a property in Mendip Drive, Rushmere St. Andrew, Ipswich, IP5 is around £268,558 based on approximately 0 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £807 per month.

Estimated property value in Mendip Drive, Rushmere St. Andrew, Ipswich, IP5 is £248,223. Average asking price is £268,558 while average price paid is £192,500 which is up by £35,036 and Avg. asking rent £807.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 Mendip Drive, Rushmere St. Andrew, Ipswich, IP5 area. In last 3 years alone average price buyer paid is around £192,500 based on approximately 2 sales in Mendip Drive, Rushmere St. Andrew, Ipswich, IP5 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £210,498. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £218,398 for 5 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 £192,660, £200,436 for a 2 bedroom house, £248,407 for a 3 bedroom house, £333,396 for a 4 bedroom house and £365,417 for a 5 bedroom house. For a flat similarly the prices varies from £99,124 for a single bedroom to £126,249 for a 2 bedroom Flat. To sum up the asking prices for properties in Mendip Drive, Rushmere St. Andrew, Ipswich, IP5 it comes to around average £130,302 for 1 bedroom property, £186,948 for 2 bedroom, £248,407 for 3 bedroom, £333,396 for 4 bedroom and £365,417 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 £736 for 2 bedroom to £898 for 3 bedroom, £1,190 for 4 bedroom and £1,400 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576 and £494 for 3 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property, £696 for 2 bedroom, £841 for 3 bedroom, £1,190 for 4 bedroom and approximately £1,400 for a 5 bedroom property in Mendip Drive, Rushmere St. Andrew, Ipswich, IP5 area.

Popular Houses in Mendip Drive, Rushmere St. Andrew, Ipswich, IP5

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 Mendip Drive, Rushmere St. Andrew, Ipswich, IP5