Average Price for property in Damask Road, Stanway, Colchester, CO3 is around £222,035 e.g. average price for semi-detached is around 222,035. Values have been changing and have risen £550 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,575 in last 6 months, £14,820 in last 1 year, £20,218 in last 2 years, £23,145 in last 3 years, £22,544 in last 4 years and £23,822 in last 5 years.
Currently average asking price of a property in Damask Road, 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 Damask Road, Stanway, Colchester, CO3 is £222,035. Average asking price is £348,522 while average price paid is £168,000 which is up by £14,820 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 Damask Road, Stanway, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £168,000 based on approximately 1 sales in Damask Road, Stanway, Colchester, CO3 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £168,000. 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 £172,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £173,400 per sale.