Average Price for property in Cannon Street, Colchester, CO1 is around £141,696 which varies based on type of property you are interested in and ranges from £136,128 for semi-detached to around £142,044 for terraced house. Values have been changing and have risen £188 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £254 in last 6 months, £11,004 in last 1 year, £12,590 in last 2 years, £16,316 in last 3 years, £14,778 in last 4 years and £14,265 in last 5 years.
Currently average asking price of a property in Cannon Street, Colchester, CO1 is around £194,374 based on approximately 3 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £979 per month.
Estimated property value in Cannon Street, Colchester, CO1 is £141,696. Average asking price is £194,374 while average price paid is £142,333 which is up by £11,004 and Avg. asking rent £979.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 Cannon Street, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £142,333 based on approximately 3 sales in Cannon Street, Colchester, CO1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £142,000. 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 £132,687 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £128,817 per sale.