Average Price for property in Brook Road, Tiptree, Colchester, CO5 is around £331,090 which varies based on type of property you are interested in and ranges from £377,045 for detached house to around £244,924 for semi-detached. Values have been changing and have risen £2,103 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,572 in last 6 months, £29,963 in last 1 year, £35,814 in last 2 years, £41,904 in last 3 years, £38,530 in last 4 years and £37,530 in last 5 years.
Currently average asking price of a property in Brook Road, 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 Road, Tiptree, Colchester, CO5 is £331,090. Average asking price is £365,021 while average price paid is £172,000 which is up by £29,963 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 Road, Tiptree, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £172,000 based on approximately 1 sales in Brook Road, Tiptree, Colchester, CO5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £306,800. 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 £275,142 for 7 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £289,666 per sale.