Bear Street, Nayland, Colchester, CO6

Street Guide For Bear Street, Nayland, Colchester, CO6

 

Bear Street, Nayland, Colchester, CO6 Map

Estimated Price: £556,571
Average Asking Price: £470,776
Price change in last one year: £45,665
Average Price Paid: £494,677
Average Rent Rates: £873

 

Property Prices Breakdown in Bear Street, Nayland, Colchester, CO6

Average Price for property in Bear Street, Nayland, Colchester, CO6 is around £556,571 which varies based on type of property you are interested in and ranges from £753,335 for detached house to around £451,820 for semi-detached. Similarly terraced house is around £385,758 and a flat is worth £142,513. Values have been changing and have risen £2,672 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,899 in last 6 months, £45,665 in last 1 year, £60,073 in last 2 years, £70,177 in last 3 years, £66,740 in last 4 years and £56,693 in last 5 years.

Currently average asking price of a property in Bear Street, Nayland, Colchester, CO6 is around £470,776 based on approximately 1 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £873 per month.

Estimated property value in Bear Street, Nayland, Colchester, CO6 is £556,571. Average asking price is £470,776 while average price paid is £318,000 which is up by £45,665 and Avg. asking rent £873.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 Bear Street, Nayland, Colchester, CO6 area. In last 1 year alone average price buyer paid is around £318,000 based on approximately 1 sales in Bear Street, Nayland, Colchester, CO6 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £517,625. 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 £494,677 for 20 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £457,543 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £109,983, £237,688 for a 2 bedroom house, £353,342 for a 3 bedroom house, £484,134 for a 4 bedroom house and £634,737 for a 5 bedroom house. For a flat similarly the prices varies from £111,908 for a single bedroom to £144,781 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £295,000. To sum up the asking prices for properties in Bear Street, Nayland, Colchester, CO6 it comes to around average £111,266 for 1 bedroom property, £205,170 for 2 bedroom, £352,074 for 3 bedroom, £484,134 for 4 bedroom and £634,737 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £826 for 2 bedroom to £945 for 3 bedroom, £1,305 for 4 bedroom and £2,127 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £576. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £608. You should be generally be expecting around average £576 rent per month for single bedroom property, £695 for 2 bedroom, £945 for 3 bedroom, £1,306 for 4 bedroom and approximately £2,126 for a 5 bedroom property in Bear Street, Nayland, Colchester, CO6 area.

Popular Houses in Bear Street, Nayland, Colchester, CO6

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Bear Street, Nayland, Colchester, CO6