Average Price for property in Bainbridge Drive, Tiptree, Colchester, CO5 is around £323,642 e.g. average price for detached house is around 322,296. Values have been changing and have risen £2,057 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,406 in last 6 months, £29,305 in last 1 year, £35,028 in last 2 years, £40,984 in last 3 years, £37,684 in last 4 years and £36,704 in last 5 years.
Currently average asking price of a property in Bainbridge Drive, Tiptree, Colchester, CO5 is around £365,021 based on approximately 3 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £987 per month.
Estimated property value in Bainbridge Drive, Tiptree, Colchester, CO5 is £323,642. Average asking price is £365,021 while average price paid is £302,500 which is up by £29,305 and Avg. asking rent £987.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 Bainbridge Drive, Tiptree, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £302,500 based on approximately 3 sales in Bainbridge Drive, Tiptree, Colchester, CO5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £281,499. 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 £274,436 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £274,436 per sale.