Pepper Place, Kesgrave, Ipswich, IP5

Street Guide For Pepper Place, Kesgrave, Ipswich, IP5

 

Pepper Place, Kesgrave, Ipswich, IP5 Map

Estimated Price: £211,053
Average Asking Price: £271,162
Price change in last one year: £19,552
Average Price Paid: £170,499
Average Rent Rates: £833

 

Property Prices Breakdown in Pepper Place, Kesgrave, Ipswich, IP5

Average Price for property in Pepper Place, Kesgrave, Ipswich, IP5 is around £211,053 which varies based on type of property you are interested in and ranges from £274,360 for detached house to around £231,937 for semi-detached. Similarly terraced house is around £231,534 and a flat is worth £147,174. Values have been changing and have risen £1,289 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,795 in last 6 months, £19,552 in last 1 year, £26,182 in last 2 years, £30,973 in last 3 years, £32,323 in last 4 years and £31,407 in last 5 years.

Currently average asking price of a property in Pepper Place, Kesgrave, Ipswich, IP5 is around £271,162 based on approximately 4 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 Pepper Place, Kesgrave, Ipswich, IP5 is £211,053. Average asking price is £271,162 while average price paid is £209,250 which is up by £19,552 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 Pepper Place, Kesgrave, Ipswich, IP5 area. In last 1 year alone average price buyer paid is around £209,250 based on approximately 4 sales in Pepper Place, Kesgrave, Ipswich, IP5 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £172,555. 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 £170,499 for 17 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £169,974 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 £192,660, £200,992 for a 2 bedroom house, £238,730 for a 3 bedroom house, £333,396 for a 4 bedroom house and £365,417 for a 5 bedroom house. For a flat similarly the prices varies from £99,124 for a single bedroom to £126,249 for a 2 bedroom Flat. To sum up the asking prices for properties in Pepper Place, Kesgrave, Ipswich, IP5 it comes to around average £130,302 for 1 bedroom property, £187,402 for 2 bedroom, £238,730 for 3 bedroom, £333,396 for 4 bedroom and £365,417 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 £736 for 2 bedroom to £898 for 3 bedroom, £1,190 for 4 bedroom and £1,400 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576 and £494 for 3 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property, £713 for 2 bedroom, £841 for 3 bedroom, £1,190 for 4 bedroom and approximately £1,400 for a 5 bedroom property in Pepper Place, Kesgrave, Ipswich, IP5 area.

Popular Houses in Pepper Place, Kesgrave, Ipswich, IP5

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 Pepper Place, Kesgrave, Ipswich, IP5