Average Price for property in Red House Lane, Leiston, IP16 is around £214,675 which varies based on type of property you are interested in and ranges from £418,328 for detached house to around £201,642 for semi-detached. Similarly terraced house is around £128,317. Values have been changing and have risen £1,318 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,788 in last 6 months, £16,582 in last 1 year, £23,172 in last 2 years, £26,852 in last 3 years, £30,691 in last 4 years and £28,341 in last 5 years.
Currently average asking price of a property in Red House Lane, Leiston, IP16 is around £209,885 based on approximately 1 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £564 per month.
Estimated property value in Red House Lane, Leiston, IP16 is £214,675. Average asking price is £209,885 while average price paid is £365,000 which is up by £16,582 and Avg. asking rent £564.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 Red House Lane, Leiston, IP16 area. In last 1 year alone average price buyer paid is around £365,000 based on approximately 1 sales in Red House Lane, Leiston, IP16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £267,000. 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 £218,750 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £218,750 per sale.