Values have been changing and have risen £134 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £159 in last 6 months, £12,459 in last 1 year, £20,514 in last 2 years, £26,799 in last 3 years, £22,776 in last 4 years and £24,915 in last 5 years.
Currently average asking price of a property in Laurence Avenue, Witham, CM8 is around £404,979 based on approximately 3 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 Laurence Avenue, Witham, CM8 is £194,231. Average asking price is £404,979 while average price paid is £176,500 which is up by £12,459 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 Laurence Avenue, Witham, CM8 area. In last 1 year alone average price buyer paid is around £176,500 based on approximately 3 sales in Laurence Avenue, Witham, CM8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £157,900. 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 £154,928 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £154,928 per sale.