Average Price for property in River Mead, Braintree, CM7 is around £332,170 which varies based on type of property you are interested in and ranges from £357,412 for detached house to around £315,884 for semi-detached. Similarly terraced house is around £241,195 and a flat is worth £155,379. Values have been changing and have risen £1,247 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,791 in last 6 months, £26,027 in last 1 year, £33,974 in last 2 years, £46,038 in last 3 years, £43,160 in last 4 years and £43,426 in last 5 years.
Currently average asking price of a property in River Mead, Braintree, CM7 is around £306,189 based on approximately 2 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 River Mead, Braintree, CM7 is £332,170. Average asking price is £306,189 while average price paid is £335,000 which is up by £26,027 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 River Mead, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £335,000 based on approximately 2 sales in River Mead, Braintree, CM7 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £280,363. 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 £265,289 for 19 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £261,027 per sale.