Wheatfields, Whatfield, Ipswich, IP7

Street Guide For Wheatfields, Whatfield, Ipswich, IP7

 

Wheatfields, Whatfield, Ipswich, IP7 Map

Estimated Price: £292,608
Average Asking Price: £396,567
Price change in last one year: £19,545
Average Price Paid: £256,875
Average Rent Rates: £971

 

Property Prices Breakdown in Wheatfields, Whatfield, Ipswich, IP7

Average Price for property in Wheatfields, Whatfield, Ipswich, IP7 is around £292,608 which varies based on type of property you are interested in and ranges from £292,246 for detached house to around £298,041 for semi-detached. Values have been changing and have risen £1,661 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,357 in last 6 months, £19,545 in last 1 year, £32,389 in last 2 years, £33,349 in last 3 years, £37,100 in last 4 years and £36,407 in last 5 years.

Currently average asking price of a property in Wheatfields, Whatfield, Ipswich, IP7 is around £396,567 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £971 per month.

Estimated property value in Wheatfields, Whatfield, Ipswich, IP7 is £292,608. Average asking price is £396,567 while average price paid is £267,000 which is up by £19,545 and Avg. asking rent £971.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 Wheatfields, Whatfield, Ipswich, IP7 area. In last 1 year alone average price buyer paid is around £267,000 based on approximately 1 sales in Wheatfields, Whatfield, Ipswich, IP7 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £263,875. 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 £256,875 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £262,500 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 £160,000, £213,918 for a 2 bedroom house, £373,497 for a 3 bedroom house, £434,776 for a 4 bedroom house and £584,604 for a 5 bedroom house. For a flat the prices of 2 bedroom is £102,000. To sum up the asking prices for properties in Wheatfields, Whatfield, Ipswich, IP7 it comes to around average £160,000 for 1 bedroom property, £203,260 for 2 bedroom, £373,497 for 3 bedroom, £434,776 for 4 bedroom and £584,604 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 £727 for 2 bedroom to £1,015 for 3 bedroom, £1,200 for 4 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £349. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £594. You should be generally be expecting around average £349 rent per month for single bedroom property, £689 for 2 bedroom, £1,015 for 3 bedroom, £1,200 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Wheatfields, Whatfield, Ipswich, IP7 area.

Popular Houses in Wheatfields, Whatfield, Ipswich, IP7

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 Wheatfields, Whatfield, Ipswich, IP7