School Lane, Benhall, Saxmundham, IP17

Street Guide For School Lane, Benhall, Saxmundham, IP17

 

School Lane, Benhall, Saxmundham, IP17 Map

Estimated Price: £282,986
Average Asking Price: £336,402
Price change in last one year: £19,406
Average Price Paid: £223,750
Average Rent Rates: £735

 

Property Prices Breakdown in School Lane, Benhall, Saxmundham, IP17

Average Price for property in School Lane, Benhall, Saxmundham, IP17 is around £282,986 which varies based on type of property you are interested in and ranges from £421,654 for detached house to around £224,711 for semi-detached. Similarly terraced house is around £231,731. Values have been changing and have risen £2,109 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,302 in last 6 months, £19,406 in last 1 year, £29,214 in last 2 years, £36,120 in last 3 years, £40,498 in last 4 years and £36,322 in last 5 years.

Currently average asking price of a property in School Lane, Benhall, Saxmundham, IP17 is around £336,402 based on approximately 0 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £735 per month.

Estimated property value in School Lane, Benhall, Saxmundham, IP17 is £282,986. Average asking price is £336,402 while average price paid is £307,500 which is up by £36,120 and Avg. asking rent £735.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 School Lane, Benhall, Saxmundham, IP17 area. In last 3 years alone average price buyer paid is around £307,500 based on approximately 1 sales in School Lane, Benhall, Saxmundham, IP17 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £223,750. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £249,150 for 3 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 £197,498, £156,382 for a 2 bedroom house, £311,701 for a 3 bedroom house, £391,063 for a 4 bedroom house and £472,498 for a 5 bedroom house. For a flat similarly the prices varies from £129,998 for a 2 bedroom to £475,000 for a 3 bedroom Flat. To sum up the asking prices for properties in School Lane, Benhall, Saxmundham, IP17 it comes to around average £197,498 for 1 bedroom property, £151,985 for 2 bedroom, £315,783 for 3 bedroom, £391,063 for 4 bedroom and £472,498 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 £533 for 1 bedroom to £615 for 2 bedrooms, £742 for 3 bedrooms, £949 for 4 bedrooms and £1,452 for 5 bedrooms house. You should be generally be expecting around average £533 rent per month for single bedroom property, £615 for 2 bedroom, £742 for 3 bedroom, £949 for 4 bedroom and approximately £1,452 for a 5 bedroom property in School Lane, Benhall, Saxmundham, IP17 area.

Popular Houses in School Lane, Benhall, Saxmundham, IP17

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 School Lane, Benhall, Saxmundham, IP17