Oak Lane, Elmswell, Bury St. Edmunds, IP30

Street Guide For Oak Lane, Elmswell, Bury St. Edmunds, IP30

 

Oak Lane, Elmswell, Bury St. Edmunds, IP30 Map

Estimated Price: £315,321
Average Asking Price: £517,473
Price change in last one year: £19,742
Average Price Paid: £240,125
Average Rent Rates: £1,289

 

Property Prices Breakdown in Oak Lane, Elmswell, Bury St. Edmunds, IP30

Average Price for property in Oak Lane, Elmswell, Bury St. Edmunds, IP30 is around £315,321 e.g. average price for detached house is around 315,321. Values have been changing and have risen £2,014 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,458 in last 6 months, £19,742 in last 1 year, £29,084 in last 2 years, £36,361 in last 3 years, £44,381 in last 4 years and £42,435 in last 5 years.

Currently average asking price of a property in Oak Lane, Elmswell, Bury St. Edmunds, IP30 is around £517,473 based on approximately 0 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,289 per month.

Estimated property value in Oak Lane, Elmswell, Bury St. Edmunds, IP30 is £315,321. Average asking price is £517,473 while average price paid is £240,750 which is up by £36,361 and Avg. asking rent £1,289.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 Oak Lane, Elmswell, Bury St. Edmunds, IP30 area. In last 3 years alone average price buyer paid is around £240,750 based on approximately 2 sales in Oak Lane, Elmswell, Bury St. Edmunds, IP30 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £240,125. 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 £240,125 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 £162,500, £350,103 for a 3 bedroom house, £446,329 for a 4 bedroom house and £994,000 for a 5 bedroom house. To sum up the asking prices for properties in Oak Lane, Elmswell, Bury St. Edmunds, IP30 it comes to around average £162,500 for 2 bedroom property, £350,103 for 3 bedroom, £446,329 for 4 bedroom and £994,000 for 5 bedroom.

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 £624 for 1 bedroom to £650 for 2 bedroom, £802 for 3 bedroom and £1,591 for 4 bedroom. You should be generally be expecting around average £624 rent per month for single bedroom property, £650 for 2 bedroom, £802 for 3 bedroom and approximately £1,592 for 4 bedroom property in Oak Lane, Elmswell, Bury St. Edmunds, IP30 area.

Popular Houses in Oak Lane, Elmswell, Bury St. Edmunds, IP30

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 Oak Lane, Elmswell, Bury St. Edmunds, IP30