Average Price for property in Chitts Hill, Colchester, CO3 is around £457,037 which varies based on type of property you are interested in and ranges from £537,513 for detached house to around £330,575 for semi-detached. Values have been changing and have risen £1,160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,433 in last 6 months, £31,292 in last 1 year, £42,684 in last 2 years, £48,860 in last 3 years, £47,583 in last 4 years and £50,274 in last 5 years.
Currently average asking price of a property in Chitts Hill, Colchester, CO3 is around £333,811 based on approximately 3 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 Chitts Hill, Colchester, CO3 is £457,037. Average asking price is £333,811 while average price paid is £503,333 which is up by £31,292 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 Chitts Hill, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £503,333 based on approximately 3 sales in Chitts Hill, Colchester, CO3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £500,500. 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 £449,400 for 5 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £383,999 per sale.