Average Price for property in Cherrywood Drive, Colchester, CO3 is around £325,781 which varies based on type of property you are interested in and ranges from £355,552 for detached house to around £313,022 for semi-detached. Values have been changing and have risen £825 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,863 in last 6 months, £22,247 in last 1 year, £30,348 in last 2 years, £34,741 in last 3 years, £33,834 in last 4 years and £35,750 in last 5 years.
Currently average asking price of a property in Cherrywood Drive, Colchester, CO3 is around £333,811 based on approximately 0 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £902 per month.
Estimated property value in Cherrywood Drive, Colchester, CO3 is £325,781. Average asking price is £333,811 while average price paid is £255,600 which is up by £34,741 and Avg. asking rent £902.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 Cherrywood Drive, Colchester, CO3 area. In last 3 years alone average price buyer paid is around £255,600 based on approximately 3 sales in Cherrywood Drive, Colchester, CO3 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £238,560. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £233,800 for 6 per sale.