Average Price for property in Cranbrook is around £494,210 which varies based on type of property you are interested in and ranges from £723,035 for detached house to around £364,211 for semi-detached. Similarly terraced house is around £279,975 and a flat is worth £217,406. Values have been changing and have risen £928 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,888 in last 6 months, £47,036 in last 1 year, £66,401 in last 2 years, £80,723 in last 3 years, £67,823 in last 4 years and £78,213 in last 5 years.
Currently average asking price of a property in Cranbrook is around £618,738 based on approximately 258 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £1,443 per month.
Estimated property value in Cranbrook is £494,210. Average asking price is £618,738 while average price paid is £372,393 which is up by £47,036 and Avg. asking rent £1,443.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 Cranbrook area. In last 1 year alone average price buyer paid is around £372,393 based on approximately 258 sales in Cranbrook area alone. If you compare it to last 3 years sales of 683 properties where buyers paid around £372,477. 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 £369,199 for 1,097 and average amount paid for purchase of approx. 1,461 properties sold in last 7 years comes to about £363,609 per sale.