Ridley Road, Bury St. Edmunds, IP33

Street Guide For Ridley Road, Bury St. Edmunds, IP33

 

Ridley Road, Bury St. Edmunds, IP33 Map

Estimated Price: £214,204
Average Asking Price: £381,635
Price change in last one year: £14,800
Average Price Paid: £175,827
Average Rent Rates: £1,173

 

Property Prices Breakdown in Ridley Road, Bury St. Edmunds, IP33

Average Price for property in Ridley Road, Bury St. Edmunds, IP33 is around £214,204 which varies based on type of property you are interested in and ranges from £316,040 for detached house to around £197,891 for semi-detached. Similarly terraced house is around £182,703 and a flat is worth £259,097. Values have been changing and have risen £1,047 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,583 in last 6 months, £14,800 in last 1 year, £21,979 in last 2 years, £26,932 in last 3 years, £29,734 in last 4 years and £29,440 in last 5 years.

Currently average asking price of a property in Ridley Road, Bury St. Edmunds, IP33 is around £381,635 based on approximately 6 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £1,173 per month.

Estimated property value in Ridley Road, Bury St. Edmunds, IP33 is £214,204. Average asking price is £381,635 while average price paid is £164,575 which is up by £14,800 and Avg. asking rent £1,173.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 Ridley Road, Bury St. Edmunds, IP33 area. In last 1 year alone average price buyer paid is around £164,575 based on approximately 6 sales in Ridley Road, Bury St. Edmunds, IP33 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £179,056. 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 £175,827 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £169,085 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 2 bedroom is around £216,111, £289,684 for a 3 bedroom house, £368,611 for a 4 bedroom house and £599,950 for a 5 bedroom house. For a flat similarly the prices varies from £125,982 for a single bedroom to £166,648 for a 2 bedroom Flat. To sum up the asking prices for properties in Ridley Road, Bury St. Edmunds, IP33 it comes to around average £125,982 for 1 bedroom property, £203,745 for 2 bedroom, £289,684 for 3 bedroom, £368,611 for 4 bedroom and £599,950 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 £987 for 2 bedroom to £958 for 3 bedroom and £1,649 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £758. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £889. You should be generally be expecting around average £758 rent per month for single bedroom property, £938 for 2 bedroom, £958 for 3 bedroom and approximately £1,649 for 4 bedroom property in Ridley Road, Bury St. Edmunds, IP33 area.

Popular Houses in Ridley Road, Bury St. Edmunds, IP33

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 Ridley Road, Bury St. Edmunds, IP33