Average Price for property in Bishop Road, Colchester, CO2 is around £193,732 which varies based on type of property you are interested in and ranges from £314,031 for detached house to around £219,223 for semi-detached. Similarly terraced house is around £207,072 and a flat is worth £109,047. Values have been changing and have risen £104 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £983 in last 6 months, £13,062 in last 1 year, £17,955 in last 2 years, £22,007 in last 3 years, £21,073 in last 4 years and £19,247 in last 5 years.
Currently average asking price of a property in Bishop Road, Colchester, CO2 is around £211,152 based on approximately 2 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £921 per month.
Estimated property value in Bishop Road, Colchester, CO2 is £193,732. Average asking price is £211,152 while average price paid is £195,250 which is up by £13,062 and Avg. asking rent £921.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 Bishop Road, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £195,250 based on approximately 2 sales in Bishop Road, Colchester, CO2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £182,416. 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 £180,071 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £168,937 per sale.