Cleveland Close, Highwoods, Colchester, CO4

Street Guide For Cleveland Close, Highwoods, Colchester, CO4

 

Cleveland Close, Highwoods, Colchester, CO4 Map

Estimated Price: £149,423
Average Asking Price: £238,783
Price change in last one year: £10,797
Average Price Paid: £112,220
Average Rent Rates: £1,162

 

Property Prices Breakdown in Cleveland Close, Highwoods, Colchester, CO4

Average Price for property in Cleveland Close, Highwoods, Colchester, CO4 is around £149,423 which varies based on type of property you are interested in and ranges from £104,188 for detached house to around £167,067 for semi-detached. Similarly terraced house is around £159,527 and a flat is worth £79,281. Values have been changing and have risen £389 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,816 in last 6 months, £10,797 in last 1 year, £14,718 in last 2 years, £18,264 in last 3 years, £15,116 in last 4 years and £15,895 in last 5 years.

Currently average asking price of a property in Cleveland Close, Highwoods, Colchester, CO4 is around £238,783 based on approximately 9 properties for sale. Same is the case with rental options based on 136 properties up for rent, average asking rent is around £1,162 per month.

Estimated property value in Cleveland Close, Highwoods, Colchester, CO4 is £149,423. Average asking price is £238,783 while average price paid is £115,916 which is up by £10,797 and Avg. asking rent £1,162.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 Cleveland Close, Highwoods, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £115,916 based on approximately 9 sales in Cleveland Close, Highwoods, Colchester, CO4 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £118,196. 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 £112,220 for 26 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £114,522 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £120,499, £195,853 for a 2 bedroom house, £239,255 for a 3 bedroom house, £320,046 for a 4 bedroom house and £416,666 for a 5 bedroom house. For a flat similarly the prices varies from £102,052 for a single bedroom to £130,998 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £160,000. To sum up the asking prices for properties in Cleveland Close, Highwoods, Colchester, CO4 it comes to around average £107,517 for 1 bedroom property, £158,237 for 2 bedroom, £238,036 for 3 bedroom, £320,046 for 4 bedroom and £416,666 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £337 for 1 bedroom to £729 for 2 bedrooms, £911 for 3 bedrooms, £1,157 for 4 bedrooms and £1,488 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £486. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £668 and £764 for 3 bedroom. You should be generally be expecting around average £449 rent per month for single bedroom property, £686 for 2 bedroom, £892 for 3 bedroom, £1,157 for 4 bedroom and approximately £1,488 for a 5 bedroom property in Cleveland Close, Highwoods, Colchester, CO4 area.

Popular Houses in Cleveland Close, Highwoods, Colchester, CO4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cleveland Close, Highwoods, Colchester, CO4