The Orchards, Laxfield, Woodbridge, IP13

Street Guide For The Orchards, Laxfield, Woodbridge, IP13

 

The Orchards, Laxfield, Woodbridge, IP13 Map

Estimated Price: £256,638
Average Asking Price: £459,025
Price change in last one year: £15,518
Average Price Paid: £194,833
Average Rent Rates: £857

 

Property Prices Breakdown in The Orchards, Laxfield, Woodbridge, IP13

Average Price for property in The Orchards, Laxfield, Woodbridge, IP13 is around £256,638 which varies based on type of property you are interested in and ranges from £373,747 for detached house to around £151,193 for semi-detached. Similarly terraced house is around £162,962. Values have been changing and have risen £1,627 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,972 in last 6 months, £15,518 in last 1 year, £24,576 in last 2 years, £25,853 in last 3 years, £30,866 in last 4 years and £32,861 in last 5 years.

Currently average asking price of a property in The Orchards, Laxfield, Woodbridge, IP13 is around £459,025 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 £857 per month.

Estimated property value in The Orchards, Laxfield, Woodbridge, IP13 is £256,638. Average asking price is £459,025 while average price paid is £270,500 which is up by £15,518 and Avg. asking rent £857.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 Orchards, Laxfield, Woodbridge, IP13 area. In last 1 year alone average price buyer paid is around £270,500 based on approximately 2 sales in The Orchards, Laxfield, Woodbridge, IP13 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £194,833. 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 £194,833 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £227,666 per sale.

 
 

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 £95,000, £224,037 for a 2 bedroom house, £303,700 for a 3 bedroom house, £410,646 for a 4 bedroom house and £786,661 for a 5 bedroom house. To sum up the asking prices for properties in The Orchards, Laxfield, Woodbridge, IP13 it comes to around average £95,000 for 1 bedroom property, £224,037 for 2 bedroom, £303,700 for 3 bedroom, £410,646 for 4 bedroom and £786,661 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 £1,174 for 4 bedroom to £1,200 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576. You should be generally be expecting around average £598 rent per month for single bedroom property, £576 for 2 bedroom, £1,174 for 4 bedroom and approximately £1,200 for 5 bedroom property in The Orchards, Laxfield, Woodbridge, IP13 area.

Popular Houses in The Orchards, Laxfield, Woodbridge, IP13

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.

Areas in and around The Orchards, Laxfield, Woodbridge, IP13