Average Price for property in Millfield Road, Barningham, Bury St. Edmunds, IP31 is around £296,015 which varies based on type of property you are interested in and ranges from £299,331 for detached house to around £212,831 for semi-detached. Similarly terraced house is around £273,081. Values have been changing and have risen £1,902 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,400 in last 6 months, £22,501 in last 1 year, £31,380 in last 2 years, £36,609 in last 3 years, £42,435 in last 4 years and £37,891 in last 5 years.
Currently average asking price of a property in Millfield Road, Barningham, Bury St. Edmunds, IP31 is around £358,257 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £970 per month.
Estimated property value in Millfield Road, Barningham, Bury St. Edmunds, IP31 is £296,015. Average asking price is £358,257 while average price paid is £200,000 which is up by £22,501 and Avg. asking rent £970.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 Millfield Road, Barningham, Bury St. Edmunds, IP31 area. In last 1 year alone average price buyer paid is around £200,000 based on approximately 1 sales in Millfield Road, Barningham, Bury St. Edmunds, IP31 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £229,500. 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 £243,888 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £240,923 per sale.