Average Price for property in Dawes Lane, West Mersea, Colchester, CO5 is around £265,068 which varies based on type of property you are interested in and ranges from £342,557 for detached house to around £212,860 for semi-detached. Similarly terraced house is around £175,761 and a flat is worth £264,844. Values have been changing and have risen £1,667 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,000 in last 6 months, £23,741 in last 1 year, £28,379 in last 2 years, £33,204 in last 3 years, £30,532 in last 4 years and £29,740 in last 5 years.
Currently average asking price of a property in Dawes Lane, West Mersea, Colchester, CO5 is around £378,303 based on approximately 1 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,006 per month.
Estimated property value in Dawes Lane, West Mersea, Colchester, CO5 is £265,068. Average asking price is £378,303 while average price paid is £225,000 which is up by £23,741 and Avg. asking rent £1,006.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 Dawes Lane, West Mersea, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £225,000 based on approximately 1 sales in Dawes Lane, West Mersea, Colchester, CO5 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £225,000. 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 £225,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £349,500 per sale.