Values have been changing and have risen £1,112 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,412 in last 6 months, £16,875 in last 1 year, £22,597 in last 2 years, £26,732 in last 3 years, £27,898 in last 4 years and £27,110 in last 5 years.
Currently average asking price of a property in Newman Drive, Kesgrave, Ipswich, IP5 is around £271,162 based on approximately 5 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £833 per month.
Estimated property value in Newman Drive, Kesgrave, Ipswich, IP5 is £192,115. Average asking price is £271,162 while average price paid is £166,800 which is up by £16,875 and Avg. asking rent £833.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 Newman Drive, Kesgrave, Ipswich, IP5 area. In last 1 year alone average price buyer paid is around £166,800 based on approximately 5 sales in Newman Drive, Kesgrave, Ipswich, IP5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £179,000. 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 £170,275 for 20 and average amount paid for purchase of approx. 75 properties sold in last 7 years comes to about £138,049 per sale.