Average Price for property in Tern Road, Ipswich, IP2 is around £136,850 which varies based on type of property you are interested in and ranges from £108,794 for detached house to around £158,340 for semi-detached. Similarly terraced house is around £134,950 and a flat is worth £82,743. Values have been changing and have risen £838 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,578 in last 6 months, £11,461 in last 1 year, £16,184 in last 2 years, £18,374 in last 3 years, £20,523 in last 4 years and £18,953 in last 5 years.
Currently average asking price of a property in Tern Road, Ipswich, IP2 is around £211,873 based on approximately 2 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £699 per month.
Estimated property value in Tern Road, Ipswich, IP2 is £136,850. Average asking price is £211,873 while average price paid is £131,750 which is up by £11,461 and Avg. asking rent £699.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 Tern Road, Ipswich, IP2 area. In last 1 year alone average price buyer paid is around £131,750 based on approximately 2 sales in Tern Road, Ipswich, IP2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £111,875. 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 £104,500 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £104,500 per sale.