Average Price for property in Mortimer Way, Witham, CM8 is around £214,489 which varies based on type of property you are interested in and ranges from £305,601 for detached house to around £343,839 for semi-detached. Similarly terraced house is around £232,494 and a flat is worth £194,721. Values have been changing and have risen £147 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £175 in last 6 months, £13,687 in last 1 year, £22,535 in last 2 years, £29,442 in last 3 years, £25,023 in last 4 years and £27,374 in last 5 years.
Currently average asking price of a property in Mortimer Way, Witham, CM8 is around £404,979 based on approximately 8 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 Mortimer Way, Witham, CM8 is £214,489. Average asking price is £404,979 while average price paid is £162,812 which is up by £13,687 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 Mortimer Way, Witham, CM8 area. In last 1 year alone average price buyer paid is around £162,812 based on approximately 8 sales in Mortimer Way, Witham, CM8 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £144,575. 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 £137,083 for 29 and average amount paid for purchase of approx. 58 properties sold in last 7 years comes to about £150,898 per sale.