Oak Grove, Sproughton, Ipswich, IP8

Street Guide For Oak Grove, Sproughton, Ipswich, IP8

 

Oak Grove, Sproughton, Ipswich, IP8 Map

Estimated Price: £445,276
Average Asking Price: £310,688
Price change in last one year: £24,539
Average Price Paid: £367,500
Average Rent Rates: £976

 

Property Prices Breakdown in Oak Grove, Sproughton, Ipswich, IP8

Average Price for property in Oak Grove, Sproughton, Ipswich, IP8 is around £445,276 e.g. average price for detached house is around 445,276. Values have been changing and have risen £1,489 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £396 in last 6 months, £24,539 in last 1 year, £42,500 in last 2 years, £52,970 in last 3 years, £58,168 in last 4 years and £56,967 in last 5 years.

Currently average asking price of a property in Oak Grove, Sproughton, Ipswich, IP8 is around £310,688 based on approximately 0 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £976 per month.

Estimated property value in Oak Grove, Sproughton, Ipswich, IP8 is £445,276. Average asking price is £310,688 while average price paid is £425,000 which is up by £52,970 and Avg. asking rent £976.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 Oak Grove, Sproughton, Ipswich, IP8 area. In last 3 years alone average price buyer paid is around £425,000 based on approximately 1 sales in Oak Grove, Sproughton, Ipswich, IP8 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £367,500. 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 £367,500 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 £126,248, £164,378 for a 2 bedroom house, £247,807 for a 3 bedroom house, £353,921 for a 4 bedroom house and £443,167 for a 5 bedroom house. To sum up the asking prices for properties in Oak Grove, Sproughton, Ipswich, IP8 it comes to around average £126,248 for 1 bedroom property, £164,378 for 2 bedroom, £247,807 for 3 bedroom, £353,921 for 4 bedroom and £443,167 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 £598 for 2 bedroom to £923 for 3 bedroom. You should be generally be expecting around average £598 rent per month for 2 bedroom property and approximately £923 for 3 bedroom property in Oak Grove, Sproughton, Ipswich, IP8 area.

Popular Houses in Oak Grove, Sproughton, Ipswich, IP8

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 Oak Grove, Sproughton, Ipswich, IP8