Average Price for property in Clacton Road, Frating, Colchester, CO7 is around £421,175 e.g. average price for detached house is around 421,175. Values have been changing and have risen £2,676 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,042 in last 6 months, £28,070 in last 1 year, £41,942 in last 2 years, £47,628 in last 3 years, £43,665 in last 4 years and £40,604 in last 5 years.
Currently average asking price of a property in Clacton Road, Frating, Colchester, CO7 is around £362,891 based on approximately 2 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,393 per month.
Estimated property value in Clacton Road, Frating, Colchester, CO7 is £421,175. Average asking price is £362,891 while average price paid is £530,000 which is up by £28,070 and Avg. asking rent £1,393.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 Clacton Road, Frating, Colchester, CO7 area. In last 1 year alone average price buyer paid is around £530,000 based on approximately 2 sales in Clacton Road, Frating, Colchester, CO7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £451,666. 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 £391,250 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £345,500 per sale.