Average Price for property in Rayne Road, Braintree, CM7 is around £218,662 which varies based on type of property you are interested in and ranges from £360,069 for detached house to around £221,661 for semi-detached. Similarly terraced house is around £195,759 and a flat is worth £290,792. Values have been changing and have risen £779 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,743 in last 6 months, £16,252 in last 1 year, £21,217 in last 2 years, £28,751 in last 3 years, £26,957 in last 4 years and £27,125 in last 5 years.
Currently average asking price of a property in Rayne Road, Braintree, CM7 is around £306,189 based on approximately 9 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 Rayne Road, Braintree, CM7 is £218,662. Average asking price is £306,189 while average price paid is £173,444 which is up by £16,252 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 Rayne Road, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £173,444 based on approximately 9 sales in Rayne Road, Braintree, CM7 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £169,460. 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 £164,218 for 36 and average amount paid for purchase of approx. 46 properties sold in last 7 years comes to about £166,259 per sale.