Average Price for property in Penzance Road, Kesgrave, Ipswich, IP5 is around £265,908 which varies based on type of property you are interested in and ranges from £284,662 for detached house to around £234,026 for semi-detached. Values have been changing and have risen £1,542 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,343 in last 6 months, £23,389 in last 1 year, £31,318 in last 2 years, £37,047 in last 3 years, £38,661 in last 4 years and £37,564 in last 5 years.
Currently average asking price of a property in Penzance Road, Kesgrave, Ipswich, IP5 is around £271,162 based on approximately 2 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £833 per month.
Estimated property value in Penzance Road, Kesgrave, Ipswich, IP5 is £265,908. Average asking price is £271,162 while average price paid is £222,500 which is up by £23,389 and Avg. asking rent £833.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 Penzance Road, Kesgrave, Ipswich, IP5 area. In last 1 year alone average price buyer paid is around £222,500 based on approximately 2 sales in Penzance Road, Kesgrave, Ipswich, IP5 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £231,611. 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 £211,027 for 18 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £213,021 per sale.