Average Price for property in Elmwood Avenue, Colchester, CO2 is around £180,491 which varies based on type of property you are interested in and ranges from £142,601 for detached house to around £217,403 for semi-detached. Similarly terraced house is around £176,015 and a flat is worth £135,381. Values have been changing and have risen £98 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £922 in last 6 months, £12,239 in last 1 year, £16,824 in last 2 years, £20,622 in last 3 years, £19,748 in last 4 years and £18,039 in last 5 years.
Currently average asking price of a property in Elmwood Avenue, 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 Elmwood Avenue, Colchester, CO2 is £180,491. Average asking price is £211,152 while average price paid is £156,500 which is up by £12,239 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 Elmwood Avenue, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £156,500 based on approximately 1 sales in Elmwood Avenue, Colchester, CO2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £127,500. 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 £131,200 for 10 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £147,523 per sale.