Average Price for property in Orchid Avenue, Witham, CM8 is around £191,511 e.g. average price for terraced house is around 191,511. Values have been changing and have risen £137 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £163 in last 6 months, £12,752 in last 1 year, £20,993 in last 2 years, £27,427 in last 3 years, £23,308 in last 4 years and £25,497 in last 5 years.
Currently average asking price of a property in Orchid Avenue, Witham, CM8 is around £404,979 based on approximately 1 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 Orchid Avenue, Witham, CM8 is £191,511. Average asking price is £404,979 while average price paid is £182,500 which is up by £12,752 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 Orchid Avenue, Witham, CM8 area. In last 1 year alone average price buyer paid is around £182,500 based on approximately 1 sales in Orchid Avenue, Witham, CM8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £182,500. 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 £171,250 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £171,250 per sale.