Turn Lane, Woodbridge, IP12

Street Guide For Turn Lane, Woodbridge, IP12

 

Turn Lane, Woodbridge, IP12 Map

Estimated Price: £551,128
Average Asking Price: £368,521
Price change in last one year: £40,550
Average Price Paid: £592,500
Average Rent Rates: £631

 

Property Prices Breakdown in Turn Lane, Woodbridge, IP12

Average Price for property in Turn Lane, Woodbridge, IP12 is around £551,128 which varies based on type of property you are interested in and ranges from £623,613 for detached house to around £261,195 for semi-detached. Values have been changing and have risen £3,903 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,726 in last 6 months, £40,550 in last 1 year, £66,249 in last 2 years, £72,193 in last 3 years, £77,107 in last 4 years and £78,154 in last 5 years.

Currently average asking price of a property in Turn Lane, Woodbridge, IP12 is around £368,521 based on approximately 0 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £631 per month.

Estimated property value in Turn Lane, Woodbridge, IP12 is £551,128. Average asking price is £368,521 while average price paid is £375,000 which is up by £72,193 and Avg. asking rent £631.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 Turn Lane, Woodbridge, IP12 area. In last 3 years alone average price buyer paid is around £375,000 based on approximately 1 sales in Turn Lane, Woodbridge, IP12 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £592,500. 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 £592,500 for 2 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 £87,500, £269,866 for a 2 bedroom house, £317,507 for a 3 bedroom house, £478,701 for a 4 bedroom house and £541,250 for a 5 bedroom house. For a flat similarly the prices varies from £140,296 for a single bedroom to £191,993 for a 2 bedroom Flat. To sum up the asking prices for properties in Turn Lane, Woodbridge, IP12 it comes to around average £136,525 for 1 bedroom property, £253,834 for 2 bedroom, £317,507 for 3 bedroom, £478,701 for 4 bedroom and £541,250 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 £540 for 2 bedroom to £709 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £599. You should be generally be expecting around average £494 rent per month for single bedroom property, £574 for 2 bedroom and approximately £709 for 3 bedroom property in Turn Lane, Woodbridge, IP12 area.

Popular Houses in Turn Lane, Woodbridge, IP12

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 Turn Lane, Woodbridge, IP12