Average Price for property in Axial Drive, Colchester, CO4 is around £202,281 which varies based on type of property you are interested in and ranges from £339,778 for detached house to around £250,355 for semi-detached. Similarly terraced house is around £272,959 and a flat is worth £156,980. Values have been changing and have risen £503 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,347 in last 6 months, £13,945 in last 1 year, £19,008 in last 2 years, £23,587 in last 3 years, £19,519 in last 4 years and £20,524 in last 5 years.
Currently average asking price of a property in Axial Drive, Colchester, CO4 is around £245,396 based on approximately 11 properties for sale. Same is the case with rental options based on 131 properties up for rent, average asking rent is around £1,158 per month.
Estimated property value in Axial Drive, Colchester, CO4 is £202,281. Average asking price is £245,396 while average price paid is £175,090 which is up by £13,945 and Avg. asking rent £1,158.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 Axial Drive, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £175,090 based on approximately 11 sales in Axial Drive, Colchester, CO4 area alone. If you compare it to last 3 years sales of 45 properties where buyers paid around £229,659. 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 £200,043 for 108 and average amount paid for purchase of approx. 168 properties sold in last 7 years comes to about £177,570 per sale.