Average Price for property in Old St. Michaels Drive, Braintree, CM7 is around £166,955 e.g. average price for a flat is around 166,955. Values have been changing and have risen £624 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,396 in last 6 months, £13,009 in last 1 year, £16,985 in last 2 years, £23,016 in last 3 years, £21,584 in last 4 years and £21,720 in last 5 years.
Currently average asking price of a property in Old St. Michaels Drive, Braintree, CM7 is around £306,189 based on approximately 3 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 Old St. Michaels Drive, Braintree, CM7 is £166,955. Average asking price is £306,189 while average price paid is £141,166 which is up by £13,009 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 Old St. Michaels Drive, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £141,166 based on approximately 3 sales in Old St. Michaels Drive, Braintree, CM7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £141,142. 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 £150,246 for 31 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £149,770 per sale.