Average Price for property in Blacksmiths Lane, Wickham Bishops, Witham, CM8 is around £501,092 which varies based on type of property you are interested in and ranges from £592,868 for detached house to around £389,737 for semi-detached. Similarly terraced house is around £211,323 and a flat is worth £434,899. Values have been changing and have risen £379 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £440 in last 6 months, £34,945 in last 1 year, £57,532 in last 2 years, £75,155 in last 3 years, £63,857 in last 4 years and £69,849 in last 5 years.
Currently average asking price of a property in Blacksmiths Lane, Wickham Bishops, Witham, CM8 is around £400,214 based on approximately 1 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £1,352 per month.
Estimated property value in Blacksmiths Lane, Wickham Bishops, Witham, CM8 is £501,092. Average asking price is £400,214 while average price paid is £419,000 which is up by £34,945 and Avg. asking rent £1,352.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 Blacksmiths Lane, Wickham Bishops, Witham, CM8 area. In last 1 year alone average price buyer paid is around £419,000 based on approximately 1 sales in Blacksmiths Lane, Wickham Bishops, Witham, CM8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £359,666. 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 £519,800 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £460,166 per sale.