Average Price for property in Forest Road, Colchester, CO4 is around £177,547 which varies based on type of property you are interested in and ranges from £237,261 for detached house to around £192,652 for semi-detached. Similarly terraced house is around £171,141 and a flat is worth £126,370. Values have been changing and have risen £432 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,019 in last 6 months, £12,007 in last 1 year, £16,368 in last 2 years, £20,311 in last 3 years, £16,809 in last 4 years and £17,676 in last 5 years.
Currently average asking price of a property in Forest Road, Colchester, CO4 is around £245,396 based on approximately 2 properties for sale. Same is the case with rental options based on 131 properties up for rent, average asking rent is around £1,158 per month.
Estimated property value in Forest Road, Colchester, CO4 is £177,547. Average asking price is £245,396 while average price paid is £184,000 which is up by £12,007 and Avg. asking rent £1,158.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 Forest Road, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £184,000 based on approximately 2 sales in Forest Road, Colchester, CO4 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £133,099. 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 £130,305 for 18 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £126,206 per sale.