Average Price for property in Megs Way, Braintree, CM7 is around £221,199 which varies based on type of property you are interested in and ranges from £334,095 for detached house to around £223,082 for semi-detached. Similarly terraced house is around £191,277. Values have been changing and have risen £799 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,788 in last 6 months, £16,671 in last 1 year, £21,762 in last 2 years, £29,490 in last 3 years, £27,650 in last 4 years and £27,822 in last 5 years.
Currently average asking price of a property in Megs Way, Braintree, CM7 is around £306,189 based on approximately 2 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £855 per month.
Estimated property value in Megs Way, Braintree, CM7 is £221,199. Average asking price is £306,189 while average price paid is £182,500 which is up by £16,671 and Avg. asking rent £855.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 Megs Way, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £182,500 based on approximately 2 sales in Megs Way, Braintree, CM7 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £165,666. 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 £168,374 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £178,863 per sale.