Average Price for property in Suffolk is around £239,455 which varies based on type of property you are interested in and ranges from £336,596 for detached house to around £199,173 for semi-detached. Similarly terraced house is around £166,561 and a flat is worth £139,765. Values have been changing and have risen £1,414 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,813 in last 6 months, £19,733 in last 1 year, £28,943 in last 2 years, £32,815 in last 3 years, £35,072 in last 4 years and £30,720 in last 5 years.
Currently average asking price of a property in Suffolk is around £299,111 based on approximately 11,340 properties for sale. Same is the case with rental options based on 1,170 properties up for rent, average asking rent is around £950 per month.
Estimated property value in Suffolk is £239,455. Average asking price is £299,111 while average price paid is £215,939 which is up by £19,733 and Avg. asking rent £950.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 Suffolk area. In last 1 year alone average price buyer paid is around £215,939 based on approximately 11,340 sales in Suffolk area alone. If you compare it to last 3 years sales of 32,747 properties where buyers paid around £206,044. 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 £203,996 for 52,385 and average amount paid for purchase of approx. 70,924 properties sold in last 7 years comes to about £200,828 per sale.