Mendlesham, Stowmarket, IP14

Street Guide For Mendlesham, Stowmarket, IP14

 
 

Mendlesham, Stowmarket, IP14 Map

Estimated Price: £718,258
Average Asking Price: £361,897
Price change in last one year: £52,561
Average Price Paid: £342,250
Average Rent Rates: £833

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95 Ipswich Street Stowmarket Suffolk IP14 1BB

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Property Prices Breakdown in Mendlesham, Stowmarket, IP14

Average Price for property in Mendlesham, Stowmarket, IP14 is around £718,258 which varies based on type of property you are interested in and ranges from £817,384 for detached house to around £371,321 for semi-detached. Values have been changing and have risen £2,574 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £151 in last 6 months, £52,561 in last 1 year, £70,431 in last 2 years, £88,925 in last 3 years, £102,309 in last 4 years and £92,775 in last 5 years.

Currently average asking price of a property in Mendlesham, Stowmarket, IP14 is around £361,897 based on approximately 0 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 Mendlesham, Stowmarket, IP14 is £718,258. Average asking price is £361,897 while average price paid is £331,333 which is up by £88,925 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 Mendlesham, Stowmarket, IP14 area. In last 3 years alone average price buyer paid is around £331,333 based on approximately 3 sales in Mendlesham, Stowmarket, IP14 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £342,250. 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 £357,800 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 £127,498, £166,033 for a 2 bedroom house, £257,936 for a 3 bedroom house, £364,672 for a 4 bedroom house and £633,116 for a 5 bedroom house. For a flat similarly the prices varies from £76,368 for a single bedroom to £113,349 for a 2 bedroom Flat. To sum up the asking prices for properties in Mendlesham, Stowmarket, IP14 it comes to around average £86,594 for 1 bedroom property, £149,270 for 2 bedroom, £257,936 for 3 bedroom, £364,672 for 4 bedroom and £633,116 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 £559 for 1 bedroom to £615 for 2 bedrooms, £789 for 3 bedrooms, £862 for 4 bedrooms and £1,413 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £355. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £520. You should be generally be expecting around average £423 rent per month for single bedroom property, £604 for 2 bedroom, £789 for 3 bedroom, £862 for 4 bedroom and approximately £1,413 for a 5 bedroom property in Mendlesham, Stowmarket, IP14 area.

Popular Houses in Mendlesham, Stowmarket, IP14

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 Mendlesham, Stowmarket, IP14