Orford Road, Felixstowe, IP11

Street Guide For Orford Road, Felixstowe, IP11

 

Orford Road, Felixstowe, IP11 Map

Estimated Price: £130,037
Average Asking Price: £228,074
Price change in last one year: £6,790
Average Price Paid: £163,333
Average Rent Rates: £846

 

Property Prices Breakdown in Orford Road, Felixstowe, IP11

Average Price for property in Orford Road, Felixstowe, IP11 is around £130,037 which varies based on type of property you are interested in and ranges from £270,803 for detached house to around £120,257 for semi-detached. Similarly terraced house is around £136,931 and a flat is worth £95,014. Values have been changing and have risen £92 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £337 in last 6 months, £6,790 in last 1 year, £12,641 in last 2 years, £13,356 in last 3 years, £16,060 in last 4 years and £14,566 in last 5 years.

Currently average asking price of a property in Orford Road, Felixstowe, IP11 is around £228,074 based on approximately 1 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £846 per month.

Estimated property value in Orford Road, Felixstowe, IP11 is £130,037. Average asking price is £228,074 while average price paid is £108,500 which is up by £6,790 and Avg. asking rent £846.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 Orford Road, Felixstowe, IP11 area. In last 1 year alone average price buyer paid is around £108,500 based on approximately 1 sales in Orford Road, Felixstowe, IP11 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £168,181. 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 £163,333 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £151,500 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 1 bedroom is around £86,135, £130,348 for a 2 bedroom house, £240,055 for a 3 bedroom house, £333,168 for a 4 bedroom house and £457,754 for a 5 bedroom house. For a flat similarly the prices varies from £83,003 for a single bedroom to £174,800 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £171,167 and £182,475 for a 4 bedroom flat. To sum up the asking prices for properties in Orford Road, Felixstowe, IP11 it comes to around average £83,580 for 1 bedroom property, £155,384 for 2 bedroom, £232,804 for 3 bedroom, £325,023 for 4 bedroom and £457,754 for a 5 bedroom property.

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 £595 for 2 bedroom to £841 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £435. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £691 and £750 for 3 bedroom. You should be generally be expecting around average £435 rent per month for single bedroom property, £653 for 2 bedroom and approximately £834 for 3 bedroom property in Orford Road, Felixstowe, IP11 area.

Popular Houses in Orford Road, Felixstowe, IP11

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 Orford Road, Felixstowe, IP11