Average Price for property in Faraday Close, Braintree, CM7 is around £223,686 which varies based on type of property you are interested in and ranges from £219,309 for detached house to around £258,701 for semi-detached. Values have been changing and have risen £833 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,863 in last 6 months, £17,372 in last 1 year, £22,677 in last 2 years, £30,729 in last 3 years, £28,812 in last 4 years and £28,992 in last 5 years.
Currently average asking price of a property in Faraday Close, Braintree, CM7 is around £306,189 based on approximately 1 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 Faraday Close, Braintree, CM7 is £223,686. Average asking price is £306,189 while average price paid is £250,000 which is up by £17,372 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 Faraday Close, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Faraday Close, Braintree, CM7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £220,833. 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 £204,500 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £201,428 per sale.