Average Price for property in Bowes Drive, Ongar, CM5 is around £341,519 which varies based on type of property you are interested in and ranges from £421,507 for detached house to around £336,065 for semi-detached. Similarly terraced house is around £328,800. Values have been changing and have risen £354 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,918 in last 6 months, £24,669 in last 1 year, £38,171 in last 2 years, £46,461 in last 3 years, £40,517 in last 4 years and £43,264 in last 5 years.
Currently average asking price of a property in Bowes Drive, Ongar, CM5 is around £598,206 based on approximately 6 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £2,141 per month.
Estimated property value in Bowes Drive, Ongar, CM5 is £341,519. Average asking price is £598,206 while average price paid is £304,158 which is up by £24,669 and Avg. asking rent £2,141.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 Bowes Drive, Ongar, CM5 area. In last 1 year alone average price buyer paid is around £304,158 based on approximately 6 sales in Bowes Drive, Ongar, CM5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £292,994. 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 £302,722 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £303,072 per sale.