Average Price for property in Spa Road, Witham, CM8 is around £153,335 which varies based on type of property you are interested in and ranges from £314,667 for detached house to around £124,616 for terraced house. Similarly flat is around £128,839. Values have been changing and have risen £107 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £129 in last 6 months, £10,026 in last 1 year, £16,507 in last 2 years, £21,566 in last 3 years, £18,331 in last 4 years and £20,054 in last 5 years.
Currently average asking price of a property in Spa Road, Witham, CM8 is around £404,979 based on approximately 2 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £1,324 per month.
Estimated property value in Spa Road, Witham, CM8 is £153,335. Average asking price is £404,979 while average price paid is £136,750 which is up by £10,026 and Avg. asking rent £1,324.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 Spa Road, Witham, CM8 area. In last 1 year alone average price buyer paid is around £136,750 based on approximately 2 sales in Spa Road, Witham, CM8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £122,750. 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 £119,000 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £119,857 per sale.