Values have been changing and have risen £383 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,114 in last 6 months, £18,820 in last 1 year, £24,970 in last 2 years, £32,594 in last 3 years, £28,386 in last 4 years and £30,314 in last 5 years.
Currently average asking price of a property in The Colts, Thorley, Bishop's Stortford, CM23 is around £387,132 based on approximately 2 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £1,053 per month.
Estimated property value in The Colts, Thorley, Bishop's Stortford, CM23 is £215,303. Average asking price is £387,132 while average price paid is £172,500 which is up by £18,820 and Avg. asking rent £1,053.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 The Colts, Thorley, Bishop's Stortford, CM23 area. In last 1 year alone average price buyer paid is around £172,500 based on approximately 2 sales in The Colts, Thorley, Bishop's Stortford, CM23 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £192,416. 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 £191,812 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £188,277 per sale.