Spring Lane, Wickham Market, Woodbridge, IP13

Street Guide For Spring Lane, Wickham Market, Woodbridge, IP13

 

Spring Lane, Wickham Market, Woodbridge, IP13 Map

Estimated Price: £339,007
Average Asking Price: £458,970
Price change in last one year: £22,020
Average Price Paid: £152,000
Average Rent Rates: £857

 

Property Prices Breakdown in Spring Lane, Wickham Market, Woodbridge, IP13

Average Price for property in Spring Lane, Wickham Market, Woodbridge, IP13 is around £339,007 which varies based on type of property you are interested in and ranges from £422,902 for detached house to around £171,217 for terraced house. Values have been changing and have risen £2,308 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,216 in last 6 months, £22,020 in last 1 year, £34,874 in last 2 years, £36,684 in last 3 years, £43,797 in last 4 years and £46,626 in last 5 years.

Currently average asking price of a property in Spring Lane, Wickham Market, Woodbridge, IP13 is around £458,970 based on approximately 0 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £857 per month.

Estimated property value in Spring Lane, Wickham Market, Woodbridge, IP13 is £339,007. Average asking price is £458,970 while average price paid is £152,000 which is up by £36,684 and Avg. asking rent £857.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 Spring Lane, Wickham Market, Woodbridge, IP13 area. In last 3 years alone average price buyer paid is around £152,000 based on approximately 2 sales in Spring Lane, Wickham Market, Woodbridge, IP13 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £152,000. 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 £152,000 for 2 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 £95,000, £224,037 for a 2 bedroom house, £303,700 for a 3 bedroom house, £410,646 for a 4 bedroom house and £786,661 for a 5 bedroom house. To sum up the asking prices for properties in Spring Lane, Wickham Market, Woodbridge, IP13 it comes to around average £95,000 for 1 bedroom property, £224,037 for 2 bedroom, £303,700 for 3 bedroom, £410,646 for 4 bedroom and £786,661 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 £1,174 for 4 bedroom to £1,200 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576. You should be generally be expecting around average £598 rent per month for single bedroom property, £576 for 2 bedroom, £1,174 for 4 bedroom and approximately £1,200 for 5 bedroom property in Spring Lane, Wickham Market, Woodbridge, IP13 area.

Popular Houses in Spring Lane, Wickham Market, Woodbridge, IP13

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 Spring Lane, Wickham Market, Woodbridge, IP13