Average Price for property in The Cut, Tiptree, Colchester, CO5 is around £441,057 e.g. average price for detached house is around 441,057. Values have been changing and have risen £2,665 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,593 in last 6 months, £37,959 in last 1 year, £45,370 in last 2 years, £53,083 in last 3 years, £48,808 in last 4 years and £47,538 in last 5 years.
Currently average asking price of a property in The Cut, Tiptree, Colchester, CO5 is around £365,021 based on approximately 1 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £987 per month.
Estimated property value in The Cut, Tiptree, Colchester, CO5 is £441,057. Average asking price is £365,021 while average price paid is £325,000 which is up by £37,959 and Avg. asking rent £987.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 Cut, Tiptree, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £325,000 based on approximately 1 sales in The Cut, Tiptree, Colchester, CO5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £365,000. 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 £365,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £365,000 per sale.