Average Price for property in Colchester Road, Tendring, Clacton-on-Sea, CO16 is around £235,809 e.g. average price for detached house is around 235,809. Values have been changing and have risen £547 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,812 in last 6 months, £18,107 in last 1 year, £24,783 in last 2 years, £28,413 in last 3 years, £26,320 in last 4 years and £23,595 in last 5 years.
Currently average asking price of a property in Colchester Road, Tendring, Clacton-on-Sea, CO16 is around £213,410 based on approximately 1 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £759 per month.
Estimated property value in Colchester Road, Tendring, Clacton-on-Sea, CO16 is £235,809. Average asking price is £213,410 while average price paid is £150,000 which is up by £18,107 and Avg. asking rent £759.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, Tendring, Clacton-on-Sea, CO16 area. In last 1 year alone average price buyer paid is around £150,000 based on approximately 1 sales in Colchester Road, Tendring, Clacton-on-Sea, CO16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £215,000. 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 £215,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £215,000 per sale.