Average Price for property in Munnings Drive, Clacton-on-Sea, CO16 is around £193,604 which varies based on type of property you are interested in and ranges from £199,745 for detached house to around £180,203 for semi-detached. Values have been changing and have risen £435 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,235 in last 6 months, £14,392 in last 1 year, £19,699 in last 2 years, £22,584 in last 3 years, £20,920 in last 4 years and £18,756 in last 5 years.
Currently average asking price of a property in Munnings Drive, Clacton-on-Sea, CO16 is around £213,023 based on approximately 2 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £772 per month.
Estimated property value in Munnings Drive, Clacton-on-Sea, CO16 is £193,604. Average asking price is £213,023 while average price paid is £150,750 which is up by £14,392 and Avg. asking rent £772.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 Munnings Drive, Clacton-on-Sea, CO16 area. In last 1 year alone average price buyer paid is around £150,750 based on approximately 2 sales in Munnings Drive, Clacton-on-Sea, CO16 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £144,700. 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 £146,812 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £148,863 per sale.