Average Price for property in Spearmint Way, Red Lodge, Bury St. Edmunds, IP28 is around £208,948 which varies based on type of property you are interested in and ranges from £284,601 for detached house to around £206,947 for semi-detached. Similarly terraced house is around £189,335. Values have been changing and have risen £1,029 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,620 in last 6 months, £17,094 in last 1 year, £22,147 in last 2 years, £23,601 in last 3 years, £27,436 in last 4 years and £25,961 in last 5 years.
Currently average asking price of a property in Spearmint Way, Red Lodge, Bury St. Edmunds, IP28 is around £273,504 based on approximately 12 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £1,076 per month.
Estimated property value in Spearmint Way, Red Lodge, Bury St. Edmunds, IP28 is £208,948. Average asking price is £273,504 while average price paid is £159,121 which is up by £17,094 and Avg. asking rent £1,076.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 Spearmint Way, Red Lodge, Bury St. Edmunds, IP28 area. In last 1 year alone average price buyer paid is around £159,121 based on approximately 12 sales in Spearmint Way, Red Lodge, Bury St. Edmunds, IP28 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £151,667. 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 £152,869 for 39 and average amount paid for purchase of approx. 41 properties sold in last 7 years comes to about £155,144 per sale.