Average Price for property in Cavendish Avenue, Colchester, CO2 is around £180,946 which varies based on type of property you are interested in and ranges from £230,251 for detached house to around £180,993 for semi-detached. Similarly terraced house is around £179,607 and a flat is worth £96,218. 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 £988 in last 6 months, £13,144 in last 1 year, £18,068 in last 2 years, £22,146 in last 3 years, £21,207 in last 4 years and £19,369 in last 5 years.
Currently average asking price of a property in Cavendish Avenue, Colchester, CO2 is around £211,152 based on approximately 5 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 Cavendish Avenue, Colchester, CO2 is £180,946. Average asking price is £211,152 while average price paid is £161,000 which is up by £13,144 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 Cavendish Avenue, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £161,000 based on approximately 5 sales in Cavendish Avenue, Colchester, CO2 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £150,846. 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 £147,173 for 26 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £145,185 per sale.