Average Price for property in Grooms Lane, Silver End, Witham, CM8 is around £189,567 which varies based on type of property you are interested in and ranges from £260,007 for detached house to around £201,451 for semi-detached. Similarly terraced house is around £141,290 and a flat is worth £160,835. Values have been changing and have risen £141 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £167 in last 6 months, £13,097 in last 1 year, £21,564 in last 2 years, £28,172 in last 3 years, £23,942 in last 4 years and £26,190 in last 5 years.
Currently average asking price of a property in Grooms Lane, Silver End, Witham, CM8 is around £404,979 based on approximately 1 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £1,324 per month.
Estimated property value in Grooms Lane, Silver End, Witham, CM8 is £189,567. Average asking price is £404,979 while average price paid is £72,800 which is up by £13,097 and Avg. asking rent £1,324.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 Grooms Lane, Silver End, Witham, CM8 area. In last 1 year alone average price buyer paid is around £72,800 based on approximately 1 sales in Grooms Lane, Silver End, Witham, CM8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £147,162. 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 £145,561 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £145,553 per sale.