Values have been changing and have risen £114 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £136 in last 6 months, £10,615 in last 1 year, £17,478 in last 2 years, £22,835 in last 3 years, £19,409 in last 4 years and £21,232 in last 5 years.
Currently average asking price of a property in Munro Road, Witham, CM8 is around £404,979 based on approximately 2 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 Munro Road, Witham, CM8 is £156,548. Average asking price is £404,979 while average price paid is £155,500 which is up by £10,615 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 Munro Road, Witham, CM8 area. In last 1 year alone average price buyer paid is around £155,500 based on approximately 2 sales in Munro Road, Witham, CM8 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £144,666. 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 £126,453 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £128,281 per sale.