Average Price for property in Brook Meadows, Tiptree, Colchester, CO5 is around £581,102 e.g. average price for detached house is around 581,102. Values have been changing and have risen £3,709 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,355 in last 6 months, £52,857 in last 1 year, £63,175 in last 2 years, £73,914 in last 3 years, £67,958 in last 4 years and £66,186 in last 5 years.
Currently average asking price of a property in Brook Meadows, Tiptree, Colchester, CO5 is around £365,021 based on approximately 1 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 Brook Meadows, Tiptree, Colchester, CO5 is £581,102. Average asking price is £365,021 while average price paid is £499,000 which is up by £52,857 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 Brook Meadows, Tiptree, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £499,000 based on approximately 1 sales in Brook Meadows, Tiptree, Colchester, CO5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £482,333. 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 £475,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £475,500 per sale.