Average Price for property in New Road, Tiptree, Colchester, CO5 is around £260,448 which varies based on type of property you are interested in and ranges from £296,628 for detached house to around £236,537 for semi-detached. Similarly flat is around £376,224. Values have been changing and have risen £1,644 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,918 in last 6 months, £23,414 in last 1 year, £27,986 in last 2 years, £32,746 in last 3 years, £30,110 in last 4 years and £29,328 in last 5 years.
Currently average asking price of a property in New Road, Tiptree, Colchester, CO5 is around £365,021 based on approximately 9 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 New Road, Tiptree, Colchester, CO5 is £260,448. Average asking price is £365,021 while average price paid is £255,943 which is up by £23,414 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 New Road, Tiptree, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £255,943 based on approximately 9 sales in New Road, Tiptree, Colchester, CO5 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £234,677. 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 £234,999 for 21 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £219,480 per sale.