Average Price for property in Orchid Drive, Red Lodge, Bury St. Edmunds, IP28 is around £308,963 which varies based on type of property you are interested in and ranges from £328,209 for detached house to around £261,526 for semi-detached. Similarly terraced house is around £254,202. Values have been changing and have risen £1,519 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,393 in last 6 months, £25,272 in last 1 year, £32,743 in last 2 years, £34,890 in last 3 years, £40,557 in last 4 years and £38,370 in last 5 years.
Currently average asking price of a property in Orchid Drive, Red Lodge, Bury St. Edmunds, IP28 is around £273,504 based on approximately 1 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £1,076 per month.
Estimated property value in Orchid Drive, Red Lodge, Bury St. Edmunds, IP28 is £308,963. Average asking price is £273,504 while average price paid is £299,000 which is up by £25,272 and Avg. asking rent £1,076.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 Orchid Drive, Red Lodge, Bury St. Edmunds, IP28 area. In last 1 year alone average price buyer paid is around £299,000 based on approximately 1 sales in Orchid Drive, Red Lodge, Bury St. Edmunds, IP28 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £249,500. 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 £249,500 for 2 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £253,997 per sale.