Average Price for property in Phoenix Way, Stowmarket, IP14 is around £189,423 which varies based on type of property you are interested in and ranges from £266,083 for detached house to around £213,924 for semi-detached. Similarly terraced house is around £202,185 and a flat is worth £142,996. Values have been changing and have risen £686 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £38 in last 6 months, £13,991 in last 1 year, £18,751 in last 2 years, £23,676 in last 3 years, £27,241 in last 4 years and £24,707 in last 5 years.
Currently average asking price of a property in Phoenix Way, Stowmarket, IP14 is around £361,897 based on approximately 5 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £833 per month.
Estimated property value in Phoenix Way, Stowmarket, IP14 is £189,423. Average asking price is £361,897 while average price paid is £133,688 which is up by £13,991 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 Phoenix Way, Stowmarket, IP14 area. In last 1 year alone average price buyer paid is around £133,688 based on approximately 5 sales in Phoenix Way, Stowmarket, IP14 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £154,174. 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 £157,748 for 46 and average amount paid for purchase of approx. 63 properties sold in last 7 years comes to about £161,777 per sale.