Average Price for property in The Grove, Martlesham Heath, Ipswich, IP5 is around £275,355 e.g. average price for detached house is around 275,355. Values have been changing and have risen £1,665 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,610 in last 6 months, £25,262 in last 1 year, £33,827 in last 2 years, £40,018 in last 3 years, £41,759 in last 4 years and £40,574 in last 5 years.
Currently average asking price of a property in The Grove, Martlesham Heath, Ipswich, IP5 is around £271,162 based on approximately 0 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £833 per month.
Estimated property value in The Grove, Martlesham Heath, Ipswich, IP5 is £275,355. Average asking price is £271,162 while average price paid is £243,500 which is up by £40,018 and Avg. asking rent £833.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 Grove, Martlesham Heath, Ipswich, IP5 area. In last 3 years alone average price buyer paid is around £243,500 based on approximately 2 sales in The Grove, Martlesham Heath, Ipswich, IP5 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £243,500. 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 £224,000 for 3 per sale.