Average Price for property in Oak Road, Tiptree, Colchester, CO5 is around £285,525 which varies based on type of property you are interested in and ranges from £371,503 for detached house to around £234,102 for semi-detached. Similarly terraced house is around £166,645 and a flat is worth £117,033. Values have been changing and have risen £7,526 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,580 in last 6 months, £23,392 in last 1 year, £24,381 in last 2 years, £23,524 in last 3 years, £19,521 in last 4 years and £39,994 in last 5 years.
Currently average asking price of a property in Oak Road, Tiptree, Colchester, CO5 is around £341,723 based on approximately 3 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £751 per month.
Estimated property value in Oak Road, Tiptree, Colchester, CO5 is £285,525. Average asking price is £341,723 while average price paid is £212,166 which is up by £23,392 and Avg. asking rent £751.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 Oak Road, Tiptree, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £212,166 based on approximately 3 sales in Oak Road, Tiptree, Colchester, CO5 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £238,000. 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 £218,634 for 13 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £212,166 per sale.