Clarks Wood Drive, Braintree, CM7

Street Guide For Clarks Wood Drive, Braintree, CM7

 

Clarks Wood Drive, Braintree, CM7 Map

Estimated Price: £315,859
Average Asking Price: £306,189
Price change in last one year: £24,344
Average Price Paid: £294,111
Average Rent Rates: £855

 

Property Prices Breakdown in Clarks Wood Drive, Braintree, CM7

Average Price for property in Clarks Wood Drive, Braintree, CM7 is around £315,859 which varies based on type of property you are interested in and ranges from £336,977 for detached house to around £303,525 for semi-detached. Similarly terraced house is around £206,763. Values have been changing and have risen £1,167 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,611 in last 6 months, £24,344 in last 1 year, £31,776 in last 2 years, £43,060 in last 3 years, £40,371 in last 4 years and £40,621 in last 5 years.

Currently average asking price of a property in Clarks Wood Drive, Braintree, CM7 is around £306,189 based on approximately 5 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 Clarks Wood Drive, Braintree, CM7 is £315,859. Average asking price is £306,189 while average price paid is £335,700 which is up by £24,344 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 Clarks Wood Drive, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £335,700 based on approximately 5 sales in Clarks Wood Drive, Braintree, CM7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £327,250. 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 £294,111 for 9 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £282,200 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £138,570, £189,539 for a 2 bedroom house, £293,757 for a 3 bedroom house, £399,221 for a 4 bedroom house and £639,498 for a 5 bedroom house. For a flat similarly the prices varies from £113,824 for a single bedroom to £164,250 for a 2 bedroom Flat. To sum up the asking prices for properties in Clarks Wood Drive, Braintree, CM7 it comes to around average £117,433 for 1 bedroom property, £175,714 for 2 bedroom, £293,757 for 3 bedroom, £399,221 for 4 bedroom and £639,498 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £509 for 1 bedroom to £775 for 2 bedroom, £874 for 3 bedroom and £1,409 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £574. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £694. You should be generally be expecting around average £544 rent per month for single bedroom property, £738 for 2 bedroom, £874 for 3 bedroom and approximately £1,409 for 4 bedroom property in Clarks Wood Drive, Braintree, CM7 area.

Popular Houses in Clarks Wood Drive, Braintree, CM7

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Clarks Wood Drive, Braintree, CM7