Average Price for property in Broad Road, Braintree, CM7 is around £363,498 which varies based on type of property you are interested in and ranges from £423,307 for detached house to around £340,333 for semi-detached. Similarly terraced house is around £287,180 and a flat is worth £253,034. Values have been changing and have risen £1,313 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,938 in last 6 months, £27,395 in last 1 year, £35,757 in last 2 years, £48,454 in last 3 years, £45,426 in last 4 years and £45,708 in last 5 years.
Currently average asking price of a property in Broad Road, Braintree, CM7 is around £306,189 based on approximately 6 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £855 per month.
Estimated property value in Broad Road, Braintree, CM7 is £363,498. Average asking price is £306,189 while average price paid is £388,500 which is up by £27,395 and Avg. asking rent £855.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 Broad Road, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £388,500 based on approximately 6 sales in Broad Road, Braintree, CM7 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £329,970. 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 £308,475 for 31 and average amount paid for purchase of approx. 47 properties sold in last 7 years comes to about £315,579 per sale.