Average Price for property in Welham Lane, Risby, Bury St. Edmunds, IP28 is around £237,465 which varies based on type of property you are interested in and ranges from £311,133 for detached house to around £188,306 for semi-detached. Similarly terraced house is around £225,282. Values have been changing and have risen £1,168 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,840 in last 6 months, £19,425 in last 1 year, £25,168 in last 2 years, £26,822 in last 3 years, £31,177 in last 4 years and £29,500 in last 5 years.
Currently average asking price of a property in Welham Lane, Risby, Bury St. Edmunds, IP28 is around £273,504 based on approximately 2 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £1,076 per month.
Estimated property value in Welham Lane, Risby, Bury St. Edmunds, IP28 is £237,465. Average asking price is £273,504 while average price paid is £158,750 which is up by £19,425 and Avg. asking rent £1,076.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 Welham Lane, Risby, Bury St. Edmunds, IP28 area. In last 1 year alone average price buyer paid is around £158,750 based on approximately 2 sales in Welham Lane, Risby, Bury St. Edmunds, IP28 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £158,750. 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 £220,700 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £209,750 per sale.