Values have been changing and have risen £1,565 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,288 in last 6 months, £16,414 in last 1 year, £24,528 in last 2 years, £27,853 in last 3 years, £25,538 in last 4 years and £23,750 in last 5 years.
Currently average asking price of a property in Clifton Terrace, Wivenhoe, Colchester, CO7 is around £360,807 based on approximately 0 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £1,329 per month.
Estimated property value in Clifton Terrace, Wivenhoe, Colchester, CO7 is £232,855. Average asking price is £360,807 while average price paid is £208,000 which is up by £27,853 and Avg. asking rent £1,329.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 Clifton Terrace, Wivenhoe, Colchester, CO7 area. In last 3 years alone average price buyer paid is around £208,000 based on approximately 1 sales in Clifton Terrace, Wivenhoe, Colchester, CO7 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £208,000. 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 £186,500 for 2 per sale.