Average Price for property in The Drive, Reydon, Southwold, IP18 is around £227,865 which varies based on type of property you are interested in and ranges from £237,203 for detached house to around £205,563 for semi-detached. Similarly terraced house is around £203,372. Values have been changing and have risen £1,399 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,765 in last 6 months, £17,893 in last 1 year, £25,246 in last 2 years, £29,298 in last 3 years, £33,515 in last 4 years and £31,186 in last 5 years.
Currently average asking price of a property in The Drive, Reydon, Southwold, IP18 is around £480,246 based on approximately 2 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £997 per month.
Estimated property value in The Drive, Reydon, Southwold, IP18 is £227,865. Average asking price is £480,246 while average price paid is £182,500 which is up by £17,893 and Avg. asking rent £997.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 The Drive, Reydon, Southwold, IP18 area. In last 1 year alone average price buyer paid is around £182,500 based on approximately 2 sales in The Drive, Reydon, Southwold, IP18 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £176,875. 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 £167,314 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £169,572 per sale.