Average Price for property in Luther Drive, Tiptree, Colchester, CO5 is around £319,040 which varies based on type of property you are interested in and ranges from £312,059 for detached house to around £343,476 for semi-detached. Values have been changing and have risen £8,378 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,551 in last 6 months, £26,041 in last 1 year, £27,142 in last 2 years, £26,188 in last 3 years, £21,730 in last 4 years and £44,521 in last 5 years.
Currently average asking price of a property in Luther Drive, Tiptree, Colchester, CO5 is around £341,723 based on approximately 1 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £751 per month.
Estimated property value in Luther Drive, Tiptree, Colchester, CO5 is £319,040. Average asking price is £341,723 while average price paid is £212,000 which is up by £26,041 and Avg. asking rent £751.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 Luther Drive, Tiptree, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £212,000 based on approximately 1 sales in Luther Drive, Tiptree, Colchester, CO5 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £212,000. 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 £212,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £212,000 per sale.