Average Price for property in Mill Lane, Barrow, Bury St. Edmunds, IP29 is around £296,834 which varies based on type of property you are interested in and ranges from £308,929 for detached house to around £230,308 for semi-detached. Values have been changing and have risen £2,222 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,832 in last 6 months, £21,203 in last 1 year, £29,550 in last 2 years, £34,381 in last 3 years, £35,787 in last 4 years and £35,548 in last 5 years.
Currently average asking price of a property in Mill Lane, Barrow, Bury St. Edmunds, IP29 is around £512,701 based on approximately 2 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £1,153 per month.
Estimated property value in Mill Lane, Barrow, Bury St. Edmunds, IP29 is £296,834. Average asking price is £512,701 while average price paid is £240,000 which is up by £21,203 and Avg. asking rent £1,153.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 Mill Lane, Barrow, Bury St. Edmunds, IP29 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 2 sales in Mill Lane, Barrow, Bury St. Edmunds, IP29 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £231,666. 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 £213,500 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £224,416 per sale.