Gilchrist Way, Braintree, CM7

Street Guide For Gilchrist Way, Braintree, CM7

 

Gilchrist Way, Braintree, CM7 Map

Estimated Price: £185,579
Average Asking Price: £306,189
Price change in last one year: £14,028
Average Price Paid: £139,375
Average Rent Rates: £855

 

Property Prices Breakdown in Gilchrist Way, Braintree, CM7

Average Price for property in Gilchrist Way, Braintree, CM7 is around £185,579 e.g. average price for semi-detached is around 185,579. Values have been changing and have risen £672 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,505 in last 6 months, £14,028 in last 1 year, £18,312 in last 2 years, £24,816 in last 3 years, £23,268 in last 4 years and £23,416 in last 5 years.

Currently average asking price of a property in Gilchrist Way, 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 Gilchrist Way, Braintree, CM7 is £185,579. Average asking price is £306,189 while average price paid is £145,000 which is up by £24,816 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 Gilchrist Way, Braintree, CM7 area. In last 3 years alone average price buyer paid is around £145,000 based on approximately 2 sales in Gilchrist Way, Braintree, CM7 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £139,375. 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 £136,500 for 5 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 Gilchrist Way, 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 Gilchrist Way, Braintree, CM7 area.

Popular Houses in Gilchrist Way, 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 Gilchrist Way, Braintree, CM7