Values have been changing and have risen £172 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £214 in last 6 months, £12,548 in last 1 year, £16,419 in last 2 years, £22,871 in last 3 years, £19,332 in last 4 years and £20,145 in last 5 years.
Currently average asking price of a property in Hermes Drive, Burnham-on-Crouch, CM0 is around £375,922 based on approximately 0 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £1,260 per month.
Estimated property value in Hermes Drive, Burnham-on-Crouch, CM0 is £164,103. Average asking price is £375,922 while average price paid is £167,000 which is up by £22,871 and Avg. asking rent £1,260.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 Hermes Drive, Burnham-on-Crouch, CM0 area. In last 3 years alone average price buyer paid is around £167,000 based on approximately 1 sales in Hermes Drive, Burnham-on-Crouch, CM0 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £157,000. 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 £159,055 for 9 per sale.