Average Price for property in Grove Road, Tiptree, Colchester, CO5 is around £325,188 which varies based on type of property you are interested in and ranges from £340,849 for detached house to around £310,380 for semi-detached. Similarly terraced house is around £316,920 and a flat is worth £106,989. Values have been changing and have risen £2,081 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,490 in last 6 months, £29,636 in last 1 year, £35,423 in last 2 years, £41,446 in last 3 years, £38,110 in last 4 years and £37,117 in last 5 years.
Currently average asking price of a property in Grove Road, Tiptree, Colchester, CO5 is around £365,021 based on approximately 2 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £987 per month.
Estimated property value in Grove Road, Tiptree, Colchester, CO5 is £325,188. Average asking price is £365,021 while average price paid is £147,000 which is up by £29,636 and Avg. asking rent £987.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 Grove Road, Tiptree, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £147,000 based on approximately 2 sales in Grove Road, Tiptree, Colchester, CO5 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £216,937. 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 £246,906 for 15 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £272,636 per sale.