Colchester Road, Layer Breton, Colchester, CO2

Street Guide For Colchester Road, Layer Breton, Colchester, CO2

 

Colchester Road, Layer Breton, Colchester, CO2 Map

Estimated Price: £378,436
Average Asking Price: £211,152
Price change in last one year: £26,736
Average Price Paid: £153,350
Average Rent Rates: £921

 

Property Prices Breakdown in Colchester Road, Layer Breton, Colchester, CO2

Average Price for property in Colchester Road, Layer Breton, Colchester, CO2 is around £378,436 which varies based on type of property you are interested in and ranges from £554,269 for detached house to around £342,984 for semi-detached. Similarly terraced house is around £195,519 and a flat is worth £143,034. Values have been changing and have risen £212 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,011 in last 6 months, £26,736 in last 1 year, £36,749 in last 2 years, £45,041 in last 3 years, £43,123 in last 4 years and £39,379 in last 5 years.

Currently average asking price of a property in Colchester Road, Layer Breton, Colchester, CO2 is around £211,152 based on approximately 1 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £921 per month.

Estimated property value in Colchester Road, Layer Breton, Colchester, CO2 is £378,436. Average asking price is £211,152 while average price paid is £305,000 which is up by £26,736 and Avg. asking rent £921.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 Colchester Road, Layer Breton, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £305,000 based on approximately 1 sales in Colchester Road, Layer Breton, Colchester, CO2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £178,333. 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 £153,350 for 11 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £185,396 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 £128,333, £194,955 for a 2 bedroom house, £253,155 for a 3 bedroom house, £333,475 for a 4 bedroom house and £300,000 for a 5 bedroom house. For a flat similarly the prices varies from £107,749 for a single bedroom to £142,774 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £227,498 and £205,000 for a 4 bedroom flat. To sum up the asking prices for properties in Colchester Road, Layer Breton, Colchester, CO2 it comes to around average £110,690 for 1 bedroom property, £156,412 for 2 bedroom, £252,039 for 3 bedroom, £322,303 for 4 bedroom and £300,000 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 £399 for 1 bedroom to £785 for 2 bedrooms, £943 for 3 bedrooms, £960 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £600. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £737. You should be generally be expecting around average £589 rent per month for single bedroom property, £749 for 2 bedroom, £943 for 3 bedroom, £960 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Colchester Road, Layer Breton, Colchester, CO2 area.

Popular Houses in Colchester Road, Layer Breton, Colchester, CO2

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 Colchester Road, Layer Breton, Colchester, CO2