Copper Beeches, Stanway, Colchester, CO3

Street Guide For Copper Beeches, Stanway, Colchester, CO3

 
 

Copper Beeches, Stanway, Colchester, CO3 Map

Estimated Price: £265,435
Average Asking Price: £348,522
Price change in last one year: £19,024
Average Price Paid: £215,700
Average Rent Rates: £899

Alphalets Ltd
47 Butt Road, Colchester, Essex, CO3 3BZ

Free House valuation

 

Property Prices Breakdown in Copper Beeches, Stanway, Colchester, CO3

Average Price for property in Copper Beeches, Stanway, Colchester, CO3 is around £265,435 which varies based on type of property you are interested in and ranges from £283,855 for detached house to around £241,489 for semi-detached. Values have been changing and have risen £705 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,303 in last 6 months, £19,024 in last 1 year, £25,952 in last 2 years, £29,709 in last 3 years, £28,934 in last 4 years and £30,571 in last 5 years.

Currently average asking price of a property in Copper Beeches, Stanway, Colchester, CO3 is around £348,522 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £899 per month.

Estimated property value in Copper Beeches, Stanway, Colchester, CO3 is £265,435. Average asking price is £348,522 while average price paid is £215,000 which is up by £19,024 and Avg. asking rent £899.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 Copper Beeches, Stanway, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £215,000 based on approximately 1 sales in Copper Beeches, Stanway, Colchester, CO3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £217,166. 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 £215,700 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £222,571 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 2 bedroom is around £208,331, £305,382 for a 3 bedroom house, £464,999 for a 4 bedroom house and £685,453 for a 5 bedroom house. For a flat similarly the prices varies from £111,680 for a single bedroom to £182,123 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £225,000. To sum up the asking prices for properties in Copper Beeches, Stanway, Colchester, CO3 it comes to around average £111,680 for 1 bedroom property, £189,270 for 2 bedroom, £288,460 for 3 bedroom, £464,999 for 4 bedroom and £685,453 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 £696 for 2 bedroom to £926 for 3 bedroom and £1,300 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £548. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £775 and £849 for 3 bedroom. You should be generally be expecting around average £548 rent per month for single bedroom property, £718 for 2 bedroom, £895 for 3 bedroom and approximately £1,300 for 4 bedroom property in Copper Beeches, Stanway, Colchester, CO3 area.

Popular Houses in Copper Beeches, Stanway, Colchester, CO3

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 Copper Beeches, Stanway, Colchester, CO3