Average Price for property in Wallace Road, Ipswich, IP1 is around £132,305 which varies based on type of property you are interested in and ranges from £151,923 for detached house to around £146,467 for semi-detached. Similarly terraced house is around £125,345 and a flat is worth £76,044. Values have been changing and have risen £250 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £381 in last 6 months, £8,199 in last 1 year, £14,472 in last 2 years, £15,296 in last 3 years, £18,918 in last 4 years and £16,857 in last 5 years.
Currently average asking price of a property in Wallace Road, Ipswich, IP1 is around £202,251 based on approximately 6 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £712 per month.
Estimated property value in Wallace Road, Ipswich, IP1 is £132,305. Average asking price is £202,251 while average price paid is £112,833 which is up by £8,199 and Avg. asking rent £712.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 Wallace Road, Ipswich, IP1 area. In last 1 year alone average price buyer paid is around £112,833 based on approximately 6 sales in Wallace Road, Ipswich, IP1 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £108,800. 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 £109,636 for 22 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £109,636 per sale.