Average Price for property in Pennys Lane, Margaretting, Ingatestone, CM4 is around £977,544 which varies based on type of property you are interested in and ranges from £1,118,400 for detached house to around £414,123 for semi-detached. Values have been changing and have risen £1,031 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,691 in last 6 months, £80,467 in last 1 year, £107,917 in last 2 years, £139,058 in last 3 years, £122,039 in last 4 years and £134,745 in last 5 years.
Currently average asking price of a property in Pennys Lane, Margaretting, Ingatestone, CM4 is around £889,455 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £1,204 per month.
Estimated property value in Pennys Lane, Margaretting, Ingatestone, CM4 is £977,544. Average asking price is £889,455 while average price paid is £845,000 which is up by £80,467 and Avg. asking rent £1,204.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 Pennys Lane, Margaretting, Ingatestone, CM4 area. In last 1 year alone average price buyer paid is around £845,000 based on approximately 1 sales in Pennys Lane, Margaretting, Ingatestone, CM4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £607,500. 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 £805,833 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £805,833 per sale.