Area Guide For Stowmarket

Stowmarket is a little market town arranged in Suffolk, England, on the occupied A14 trunk street between Bury St Edmunds to the west and Ipswich to the southeast. The town is on the fundamental line in the middle of London and Norwich, and lies on the River Gipping, which is joined by its tributary, the River Rat, to the south of the town.
The number of inhabitants in the town has expanded from around 6,000 in 1981 to its present level of around 16,000, with impressive further improvement made arrangements for the town and encompassing towns as a major aspect of a territory activity arrangement. It is the biggest town in the Mid Suffolk region and is spoken to in parliament by the MP for Bury St Edmunds, presently David Ruffley.


Stowmarket Map

Estimated Price: £232,296
Average Asking Price: £360,836
Price change in last one year: £14,700
Average Price Paid: £189,319
Average Rent Rates: £846


Property Prices Breakdown in Stowmarket

Average Price for property in Stowmarket is around £232,296 which varies based on type of property you are interested in and ranges from £315,645 for detached house to around £187,517 for semi-detached. Similarly terraced house is around £160,460 and a flat is worth £111,134. Values have been changing and have risen £604 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,148 in last 6 months, £14,700 in last 1 year, £14,956 in last 2 years, £26,139 in last 3 years, £27,246 in last 4 years and £24,948 in last 5 years.

Currently average asking price of a property in Stowmarket is around £360,836 based on approximately 687 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £846 per month.

Estimated property value in Stowmarket is £232,296. Average asking price is £360,836 while average price paid is £201,205 which is up by £14,700 and Avg. asking rent £846.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 Stowmarket area. In last 1 year alone average price buyer paid is around £201,205 based on approximately 687 sales in Stowmarket area alone. If you compare it to last 3 years sales of 2,026 properties where buyers paid around £191,391. 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 £189,319 for 3,248 and average amount paid for purchase of approx. 4,419 properties sold in last 7 years comes to about £186,871 per sale.


Properties For Sale in Stowmarket


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 £127,498, £166,033 for a 2 bedroom house, £258,513 for a 3 bedroom house, £364,672 for a 4 bedroom house and £634,156 for a 5 bedroom house. For a flat similarly the prices varies from £76,368 for a single bedroom to £113,349 for a 2 bedroom Flat. To sum up the asking prices for properties in Stowmarket it comes to around average £86,594 for 1 bedroom property, £149,270 for 2 bedroom, £258,513 for 3 bedroom, £364,672 for 4 bedroom and £634,156 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 £559 for 1 bedroom to £615 for 2 bedrooms, £789 for 3 bedrooms, £862 for 4 bedrooms and £1,413 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £355. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £520. You should be generally be expecting around average £423 rent per month for single bedroom property, £604 for 2 bedroom, £789 for 3 bedroom, £862 for 4 bedroom and approximately £1,413 for a 5 bedroom property in Stowmarket area.

Popular Houses in Stowmarket

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.

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