Mill Street, Gislingham, Eye, IP23

Street Guide For Mill Street, Gislingham, Eye, IP23

 

Mill Street, Gislingham, Eye, IP23 Map

Estimated Price: £399,953
Average Asking Price: £328,069
Price change in last one year: £27,932
Average Price Paid: £330,730
Average Rent Rates: £640

 

Property Prices Breakdown in Mill Street, Gislingham, Eye, IP23

Average Price for property in Mill Street, Gislingham, Eye, IP23 is around £399,953 which varies based on type of property you are interested in and ranges from £406,838 for detached house to around £348,998 for semi-detached. Values have been changing and have risen £1,882 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,969 in last 6 months, £27,932 in last 1 year, £41,295 in last 2 years, £42,767 in last 3 years, £46,696 in last 4 years and £45,290 in last 5 years.

Currently average asking price of a property in Mill Street, Gislingham, Eye, IP23 is around £328,069 based on approximately 9 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £640 per month.

Estimated property value in Mill Street, Gislingham, Eye, IP23 is £399,953. Average asking price is £328,069 while average price paid is £383,272 which is up by £27,932 and Avg. asking rent £640.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 Street, Gislingham, Eye, IP23 area. In last 1 year alone average price buyer paid is around £383,272 based on approximately 9 sales in Mill Street, Gislingham, Eye, IP23 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £350,086. 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 £330,730 for 15 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £308,755 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 £109,000, £190,575 for a 2 bedroom house, £268,461 for a 3 bedroom house, £417,496 for a 4 bedroom house and £480,000 for a 5 bedroom house. For a flat similarly the prices varies from £180,996 for a 2 bedroom to £330,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Mill Street, Gislingham, Eye, IP23 it comes to around average £109,000 for 1 bedroom property, £188,398 for 2 bedroom, £270,385 for 3 bedroom, £417,496 for 4 bedroom and £480,000 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 2 bedroom to £949 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £494. You should be generally be expecting around average £537 rent per month for 2 bedroom property and approximately £949 for 3 bedroom property in Mill Street, Gislingham, Eye, IP23 area.

Popular Houses in Mill Street, Gislingham, Eye, IP23

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 Street, Gislingham, Eye, IP23