Rifle Hill, Braintree, CM7

Street Guide For Rifle Hill, Braintree, CM7

 

Rifle Hill, Braintree, CM7 Map

Estimated Price: £154,838
Average Asking Price: £306,189
Price change in last one year: £12,267
Average Price Paid: £138,405
Average Rent Rates: £855

 

Property Prices Breakdown in Rifle Hill, Braintree, CM7

Average Price for property in Rifle Hill, Braintree, CM7 is around £154,838 which varies based on type of property you are interested in and ranges from £212,375 for detached house to around £192,630 for semi-detached. Similarly terraced house is around £165,230 and a flat is worth £103,367. Values have been changing and have risen £588 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,316 in last 6 months, £12,267 in last 1 year, £16,013 in last 2 years, £21,701 in last 3 years, £20,348 in last 4 years and £20,478 in last 5 years.

Currently average asking price of a property in Rifle Hill, Braintree, CM7 is around £306,189 based on approximately 4 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 Rifle Hill, Braintree, CM7 is £154,838. Average asking price is £306,189 while average price paid is £156,500 which is up by £12,267 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 Rifle Hill, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £156,500 based on approximately 4 sales in Rifle Hill, Braintree, CM7 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £153,000. 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 £138,405 for 16 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £135,999 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £138,570, £189,539 for a 2 bedroom house, £293,757 for a 3 bedroom house, £399,221 for a 4 bedroom house and £639,498 for a 5 bedroom house. For a flat similarly the prices varies from £113,824 for a single bedroom to £164,250 for a 2 bedroom Flat. To sum up the asking prices for properties in Rifle Hill, Braintree, CM7 it comes to around average £117,433 for 1 bedroom property, £175,714 for 2 bedroom, £293,757 for 3 bedroom, £399,221 for 4 bedroom and £639,498 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £509 for 1 bedroom to £775 for 2 bedroom, £874 for 3 bedroom and £1,409 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £574. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £694. You should be generally be expecting around average £544 rent per month for single bedroom property, £738 for 2 bedroom, £874 for 3 bedroom and approximately £1,409 for 4 bedroom property in Rifle Hill, Braintree, CM7 area.

Popular Houses in Rifle Hill, Braintree, CM7

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Rifle Hill, Braintree, CM7