Average Price for property in East Street, Colchester, CO1 is around £223,522 which varies based on type of property you are interested in and ranges from £241,528 for detached house to around £250,947 for semi-detached. Similarly terraced house is around £209,482 and a flat is worth £223,114. Values have been changing and have risen £297 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £402 in last 6 months, £17,347 in last 1 year, £19,846 in last 2 years, £25,716 in last 3 years, £23,286 in last 4 years and £22,471 in last 5 years.
Currently average asking price of a property in East Street, Colchester, CO1 is around £194,374 based on approximately 5 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £979 per month.
Estimated property value in East Street, Colchester, CO1 is £223,522. Average asking price is £194,374 while average price paid is £155,460 which is up by £17,347 and Avg. asking rent £979.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 East Street, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £155,460 based on approximately 5 sales in East Street, Colchester, CO1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £152,254. 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 £142,391 for 18 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £146,331 per sale.