Mill Road, Peasenhall, Saxmundham, IP17

Street Guide For Mill Road, Peasenhall, Saxmundham, IP17

 

Mill Road, Peasenhall, Saxmundham, IP17 Map

Estimated Price: £432,586
Average Asking Price: £336,456
Price change in last one year: £31,044
Average Price Paid: £479,400
Average Rent Rates: £724

 

Property Prices Breakdown in Mill Road, Peasenhall, Saxmundham, IP17

Average Price for property in Mill Road, Peasenhall, Saxmundham, IP17 is around £432,586 which varies based on type of property you are interested in and ranges from £476,800 for detached house to around £226,251 for semi-detached. Values have been changing and have risen £3,372 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,280 in last 6 months, £31,044 in last 1 year, £46,733 in last 2 years, £57,783 in last 3 years, £64,786 in last 4 years and £58,100 in last 5 years.

Currently average asking price of a property in Mill Road, Peasenhall, Saxmundham, IP17 is around £336,456 based on approximately 0 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £724 per month.

Estimated property value in Mill Road, Peasenhall, Saxmundham, IP17 is £432,586. Average asking price is £336,456 while average price paid is £531,500 which is up by £57,783 and Avg. asking rent £724.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 Road, Peasenhall, Saxmundham, IP17 area. In last 3 years alone average price buyer paid is around £531,500 based on approximately 2 sales in Mill Road, Peasenhall, Saxmundham, IP17 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £479,400. 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 £448,857 for 7 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 £194,995, £156,382 for a 2 bedroom house, £309,720 for a 3 bedroom house, £389,036 for a 4 bedroom house and £472,498 for a 5 bedroom house. For a flat similarly the prices varies from £129,998 for a 2 bedroom to £475,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Mill Road, Peasenhall, Saxmundham, IP17 it comes to around average £194,995 for 1 bedroom property, £151,985 for 2 bedroom, £313,752 for 3 bedroom, £389,036 for 4 bedroom and £472,498 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 £488 for 1 bedroom to £577 for 2 bedrooms, £758 for 3 bedrooms, £949 for 4 bedrooms and £1,452 for 5 bedrooms house. You should be generally be expecting around average £488 rent per month for single bedroom property, £578 for 2 bedroom, £758 for 3 bedroom, £949 for 4 bedroom and approximately £1,452 for a 5 bedroom property in Mill Road, Peasenhall, Saxmundham, IP17 area.

Popular Houses in Mill Road, Peasenhall, Saxmundham, IP17

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 Road, Peasenhall, Saxmundham, IP17