Mill Lane, Chelmondiston, Ipswich, IP9

Street Guide For Mill Lane, Chelmondiston, Ipswich, IP9

 

Mill Lane, Chelmondiston, Ipswich, IP9 Map

Estimated Price: £275,341
Average Asking Price: £360,090
Price change in last one year: £19,536
Average Price Paid: £180,000
Average Rent Rates: £1,103

 

Property Prices Breakdown in Mill Lane, Chelmondiston, Ipswich, IP9

Average Price for property in Mill Lane, Chelmondiston, Ipswich, IP9 is around £275,341 which varies based on type of property you are interested in and ranges from £366,239 for detached house to around £177,518 for semi-detached. Similarly terraced house is around £331,178. Values have been changing and have risen £334 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,613 in last 6 months, £19,536 in last 1 year, £24,073 in last 2 years, £31,978 in last 3 years, £39,466 in last 4 years and £33,960 in last 5 years.

Currently average asking price of a property in Mill Lane, Chelmondiston, Ipswich, IP9 is around £360,090 based on approximately 0 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,103 per month.

Estimated property value in Mill Lane, Chelmondiston, Ipswich, IP9 is £275,341. Average asking price is £360,090 while average price paid is £180,000 which is up by £33,960 and Avg. asking rent £1,103.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, Chelmondiston, Ipswich, IP9 area. In last 5 years alone average price buyer paid is around £180,000 based on approximately 1 sales in Mill Lane, Chelmondiston, Ipswich, IP9 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £267,000.

 
 

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 2 bedroom is around £259,994, £294,164 for a 3 bedroom house, £344,676 for a 4 bedroom house and £783,333 for a 5 bedroom house. For a flat the prices of 2 bedroom is £90,000. To sum up the asking prices for properties in Mill Lane, Chelmondiston, Ipswich, IP9 it comes to around average £241,106 for 2 bedroom property, £294,164 for 3 bedroom, £344,676 for 4 bedroom and £783,333 for 5 bedroom.

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 £737 for 2 bedroom to £650 for 3 bedroom and £1,296 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £550. You should be generally be expecting around average £674 rent per month for 2 bedroom property, £650 for 3 bedroom and approximately £1,296 for 4 bedroom property in Mill Lane, Chelmondiston, Ipswich, IP9 area.

Popular Houses in Mill Lane, Chelmondiston, Ipswich, IP9

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 Mill Lane, Chelmondiston, Ipswich, IP9