Average Price for property in Challis Lane, Braintree, CM7 is around £208,943 which varies based on type of property you are interested in and ranges from £246,927 for detached house to around £203,490 for semi-detached. Similarly terraced house is around £171,144. Values have been changing and have risen £769 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,721 in last 6 months, £16,045 in last 1 year, £20,945 in last 2 years, £28,383 in last 3 years, £26,613 in last 4 years and £26,780 in last 5 years.
Currently average asking price of a property in Challis Lane, Braintree, CM7 is around £306,189 based on approximately 0 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 Challis Lane, Braintree, CM7 is £208,943. Average asking price is £306,189 while average price paid is £176,343 which is up by £28,383 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 Challis Lane, Braintree, CM7 area. In last 3 years alone average price buyer paid is around £176,343 based on approximately 8 sales in Challis Lane, Braintree, CM7 area alone. If you compare it to last 5 years sales of 19 properties where buyers paid around £165,486. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £164,206 for 23 per sale.