Average Price for property in Gorse Lane, Tiptree, Colchester, CO5 is around £238,703 which varies based on type of property you are interested in and ranges from £267,355 for detached house to around £195,726 for semi-detached. Values have been changing and have risen £6,468 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,374 in last 6 months, £20,106 in last 1 year, £20,957 in last 2 years, £20,221 in last 3 years, £16,781 in last 4 years and £34,375 in last 5 years.
Currently average asking price of a property in Gorse Lane, Tiptree, Colchester, CO5 is around £341,723 based on approximately 2 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £751 per month.
Estimated property value in Gorse Lane, Tiptree, Colchester, CO5 is £238,703. Average asking price is £341,723 while average price paid is £189,000 which is up by £20,106 and Avg. asking rent £751.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 Gorse Lane, Tiptree, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £189,000 based on approximately 2 sales in Gorse Lane, Tiptree, Colchester, CO5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £242,000. 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 £243,600 for 5 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £189,000 per sale.