Values have been changing and have risen £248 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,344 in last 6 months, £17,281 in last 1 year, £26,741 in last 2 years, £32,549 in last 3 years, £28,388 in last 4 years and £30,313 in last 5 years.
Currently average asking price of a property in Queensway, Ongar, CM5 is around £598,206 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £2,141 per month.
Estimated property value in Queensway, Ongar, CM5 is £257,002. Average asking price is £598,206 while average price paid is £205,000 which is up by £17,281 and Avg. asking rent £2,141.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 Queensway, Ongar, CM5 area. In last 1 year alone average price buyer paid is around £205,000 based on approximately 1 sales in Queensway, Ongar, CM5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £203,825. 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 £189,992 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £189,992 per sale.