Millfield Road, Walberswick, Southwold, IP18

Street Guide For Millfield Road, Walberswick, Southwold, IP18

 

Millfield Road, Walberswick, Southwold, IP18 Map

Estimated Price: £1,023,332
Average Asking Price: £480,246
Price change in last one year: £76,032
Average Price Paid: £942,500
Average Rent Rates: £997

 

Property Prices Breakdown in Millfield Road, Walberswick, Southwold, IP18

Average Price for property in Millfield Road, Walberswick, Southwold, IP18 is around £1,023,332 which varies based on type of property you are interested in and ranges from £1,131,815 for detached house to around £767,781 for semi-detached. Similarly terraced house is around £708,333 and a flat is worth £341,124. Values have been changing and have risen £5,940 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,493 in last 6 months, £76,032 in last 1 year, £107,265 in last 2 years, £124,464 in last 3 years, £142,363 in last 4 years and £132,450 in last 5 years.

Currently average asking price of a property in Millfield Road, Walberswick, Southwold, IP18 is around £480,246 based on approximately 0 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £997 per month.

Estimated property value in Millfield Road, Walberswick, Southwold, IP18 is £1,023,332. Average asking price is £480,246 while average price paid is £942,500 which is up by £124,464 and Avg. asking rent £997.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, Walberswick, Southwold, IP18 area. In last 3 years alone average price buyer paid is around £942,500 based on approximately 2 sales in Millfield Road, Walberswick, Southwold, IP18 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £942,500. 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 £1,056,750 for 4 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 2 bedroom is around £300,700, £407,681 for a 3 bedroom house, £790,239 for a 4 bedroom house and £699,988 for a 5 bedroom house. For a flat similarly the prices varies from £224,667 for a single bedroom to £345,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Millfield Road, Walberswick, Southwold, IP18 it comes to around average £224,667 for 1 bedroom property, £306,238 for 2 bedroom, £407,681 for 3 bedroom, £790,239 for 4 bedroom and £699,988 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 £676 for 2 bedroom to £594 for 3 bedroom and £2,002 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £793. You should be generally be expecting around average £734 rent per month for 2 bedroom property, £594 for 3 bedroom and approximately £2,002 for 5 bedroom property in Millfield Road, Walberswick, Southwold, IP18 area.

Popular Houses in Millfield Road, Walberswick, Southwold, IP18

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 Millfield Road, Walberswick, Southwold, IP18