Average Price for property in Saxmundham is around £296,627 which varies based on type of property you are interested in and ranges from £374,320 for detached house to around £216,023 for semi-detached. Similarly terraced house is around £174,360 and a flat is worth £127,105. Values have been changing and have risen £3,482 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,331 in last 6 months, £16,753 in last 1 year, £28,486 in last 2 years, £42,151 in last 3 years, £41,034 in last 4 years and £35,987 in last 5 years.
Currently average asking price of a property in Saxmundham is around £335,491 based on approximately 207 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £715 per month.
Estimated property value in Saxmundham is £296,627. Average asking price is £335,491 while average price paid is £277,345 which is up by £16,753 and Avg. asking rent £715.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 Saxmundham area. In last 1 year alone average price buyer paid is around £277,345 based on approximately 207 sales in Saxmundham area alone. If you compare it to last 3 years sales of 559 properties where buyers paid around £267,991. 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 £263,042 for 864 and average amount paid for purchase of approx. 1,143 properties sold in last 7 years comes to about £256,443 per sale.