Average Price for property in Cannons Close, Colchester, CO2 is around £287,830 which varies based on type of property you are interested in and ranges from £266,121 for semi-detached to around £324,009 for terraced house. Values have been changing and have risen £158 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,499 in last 6 months, £19,939 in last 1 year, £27,409 in last 2 years, £33,591 in last 3 years, £32,162 in last 4 years and £29,371 in last 5 years.
Currently average asking price of a property in Cannons Close, 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 Cannons Close, Colchester, CO2 is £287,830. Average asking price is £211,152 while average price paid is £267,000 which is up by £19,939 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 Cannons Close, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £267,000 based on approximately 2 sales in Cannons Close, Colchester, CO2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £267,000. 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 £267,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £236,333 per sale.