Average Price for property in Park Drive, Braintree, CM7 is around £199,425 which varies based on type of property you are interested in and ranges from £234,298 for detached house to around £191,604 for semi-detached. Similarly terraced house is around £174,980. Values have been changing and have risen £777 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,738 in last 6 months, £16,191 in last 1 year, £21,137 in last 2 years, £28,641 in last 3 years, £26,854 in last 4 years and £27,021 in last 5 years.
Currently average asking price of a property in Park Drive, Braintree, CM7 is around £306,189 based on approximately 2 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 Park Drive, Braintree, CM7 is £199,425. Average asking price is £306,189 while average price paid is £179,250 which is up by £16,191 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 Park Drive, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £179,250 based on approximately 2 sales in Park Drive, Braintree, CM7 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £163,750. 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 £164,821 for 14 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £160,324 per sale.