Average Price for property in Eight Acre Lane, Colchester, CO2 is around £145,159 which varies based on type of property you are interested in and ranges from £167,722 for terraced house to around £137,638 for a flat. Values have been changing and have risen £81 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £766 in last 6 months, £10,160 in last 1 year, £13,965 in last 2 years, £17,119 in last 3 years, £16,394 in last 4 years and £14,976 in last 5 years.
Currently average asking price of a property in Eight Acre Lane, Colchester, CO2 is around £211,152 based on approximately 1 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £921 per month.
Estimated property value in Eight Acre Lane, Colchester, CO2 is £145,159. Average asking price is £211,152 while average price paid is £142,500 which is up by £10,160 and Avg. asking rent £921.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 Eight Acre Lane, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £142,500 based on approximately 1 sales in Eight Acre Lane, Colchester, CO2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £166,250. 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 £166,250 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £135,833 per sale.