Average Price for property in Hance Lane, Rayne, Braintree, CM77 is around £231,826 which varies based on type of property you are interested in and ranges from £194,573 for detached house to around £247,994 for semi-detached. Similarly terraced house is around £208,802. Values have been changing and have risen £377 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,290 in last 6 months, £16,894 in last 1 year, £24,548 in last 2 years, £33,311 in last 3 years, £31,289 in last 4 years and £30,178 in last 5 years.
Currently average asking price of a property in Hance Lane, Rayne, Braintree, CM77 is around £408,752 based on approximately 1 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,238 per month.
Estimated property value in Hance Lane, Rayne, Braintree, CM77 is £231,826. Average asking price is £408,752 while average price paid is £210,000 which is up by £16,894 and Avg. asking rent £1,238.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 Hance Lane, Rayne, Braintree, CM77 area. In last 1 year alone average price buyer paid is around £210,000 based on approximately 1 sales in Hance Lane, Rayne, Braintree, CM77 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £199,250. 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 £196,000 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £195,500 per sale.