Values have been changing and have risen £85 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £313 in last 6 months, £6,298 in last 1 year, £11,726 in last 2 years, £12,386 in last 3 years, £14,897 in last 4 years and £13,512 in last 5 years.
Currently average asking price of a property in Capel Drive, Felixstowe, IP11 is around £228,074 based on approximately 3 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £846 per month.
Estimated property value in Capel Drive, Felixstowe, IP11 is £110,139. Average asking price is £228,074 while average price paid is £79,316 which is up by £6,298 and Avg. asking rent £846.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 Capel Drive, Felixstowe, IP11 area. In last 1 year alone average price buyer paid is around £79,316 based on approximately 3 sales in Capel Drive, Felixstowe, IP11 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £94,681. 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 £93,095 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £94,204 per sale.