Average Price for property in Cotman Road, Clacton-on-Sea, CO16 is around £191,016 which varies based on type of property you are interested in and ranges from £196,357 for detached house to around £193,361 for semi-detached. Similarly terraced house is around £191,619 and a flat is worth £138,937. Values have been changing and have risen £412 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,115 in last 6 months, £13,614 in last 1 year, £18,635 in last 2 years, £21,364 in last 3 years, £19,791 in last 4 years and £17,744 in last 5 years.
Currently average asking price of a property in Cotman Road, Clacton-on-Sea, CO16 is around £213,023 based on approximately 1 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £772 per month.
Estimated property value in Cotman Road, Clacton-on-Sea, CO16 is £191,016. Average asking price is £213,023 while average price paid is £195,000 which is up by £13,614 and Avg. asking rent £772.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 Cotman Road, Clacton-on-Sea, CO16 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 1 sales in Cotman Road, Clacton-on-Sea, CO16 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £148,799. 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 £157,118 for 8 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £155,573 per sale.