Values have been changing and have risen £719 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,608 in last 6 months, £14,973 in last 1 year, £19,546 in last 2 years, £26,486 in last 3 years, £24,835 in last 4 years and £24,992 in last 5 years.
Currently average asking price of a property in Porters Field, Braintree, CM7 is around £306,189 based on approximately 1 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 Porters Field, Braintree, CM7 is £190,207. Average asking price is £306,189 while average price paid is £93,750 which is up by £14,973 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 Porters Field, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £93,750 based on approximately 1 sales in Porters Field, Braintree, CM7 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £125,312. 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 £126,700 for 5 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £113,170 per sale.