Average Price for property in Old Norwich Road, Ipswich, IP1 is around £242,449 which varies based on type of property you are interested in and ranges from £291,741 for detached house to around £190,143 for semi-detached. Similarly terraced house is around £137,292. Values have been changing and have risen £436 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £668 in last 6 months, £14,312 in last 1 year, £25,263 in last 2 years, £26,701 in last 3 years, £33,020 in last 4 years and £29,416 in last 5 years.
Currently average asking price of a property in Old Norwich Road, Ipswich, IP1 is around £202,251 based on approximately 5 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £712 per month.
Estimated property value in Old Norwich Road, Ipswich, IP1 is £242,449. Average asking price is £202,251 while average price paid is £283,100 which is up by £14,312 and Avg. asking rent £712.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 Old Norwich Road, Ipswich, IP1 area. In last 1 year alone average price buyer paid is around £283,100 based on approximately 5 sales in Old Norwich Road, Ipswich, IP1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £254,850. 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 £245,136 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £238,038 per sale.