Average Price for property in Fairbank Close, Ongar, CM5 is around £267,937 which varies based on type of property you are interested in and ranges from £348,577 for detached house to around £266,945 for semi-detached. Similarly terraced house is around £257,649. Values have been changing and have risen £261 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,414 in last 6 months, £18,157 in last 1 year, £28,096 in last 2 years, £34,197 in last 3 years, £29,823 in last 4 years and £31,844 in last 5 years.
Currently average asking price of a property in Fairbank Close, Ongar, CM5 is around £598,206 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £2,141 per month.
Estimated property value in Fairbank Close, Ongar, CM5 is £267,937. Average asking price is £598,206 while average price paid is £223,500 which is up by £18,157 and Avg. asking rent £2,141.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 Fairbank Close, Ongar, CM5 area. In last 1 year alone average price buyer paid is around £223,500 based on approximately 1 sales in Fairbank Close, Ongar, CM5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £220,600. 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 £216,900 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £213,000 per sale.