Values have been changing and have risen £156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £185 in last 6 months, £14,466 in last 1 year, £23,818 in last 2 years, £31,116 in last 3 years, £26,443 in last 4 years and £28,926 in last 5 years.
Currently average asking price of a property in Cherry Tree Rise, Witham, CM8 is around £404,979 based on approximately 1 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £1,324 per month.
Estimated property value in Cherry Tree Rise, Witham, CM8 is £212,752. Average asking price is £404,979 while average price paid is £176,000 which is up by £14,466 and Avg. asking rent £1,324.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 Cherry Tree Rise, Witham, CM8 area. In last 1 year alone average price buyer paid is around £176,000 based on approximately 1 sales in Cherry Tree Rise, Witham, CM8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £198,000. 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 £180,900 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £175,750 per sale.