Average Price for property in Ravensmere, Epping, CM16 is around £887,641 e.g. average price for detached house is around 887,641. Values have been changing and have risen £1,201 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,763 in last 6 months, £82,633 in last 1 year, £109,318 in last 2 years, £134,882 in last 3 years, £125,283 in last 4 years and £129,308 in last 5 years.
Currently average asking price of a property in Ravensmere, Epping, CM16 is around £654,313 based on approximately 1 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £1,606 per month.
Estimated property value in Ravensmere, Epping, CM16 is £887,641. Average asking price is £654,313 while average price paid is £1,076,000 which is up by £82,633 and Avg. asking rent £1,606.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 Ravensmere, Epping, CM16 area. In last 1 year alone average price buyer paid is around £1,076,000 based on approximately 1 sales in Ravensmere, Epping, CM16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £1,076,000. 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 £836,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £785,200 per sale.