Average Price for property in Gainsborough Road, Colchester, CO3 is around £309,187 which varies based on type of property you are interested in and ranges from £334,104 for detached house to around £259,351 for semi-detached. Values have been changing and have risen £753 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,525 in last 6 months, £20,299 in last 1 year, £27,691 in last 2 years, £31,698 in last 3 years, £30,872 in last 4 years and £32,620 in last 5 years.
Currently average asking price of a property in Gainsborough Road, Colchester, CO3 is around £333,811 based on approximately 1 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £902 per month.
Estimated property value in Gainsborough Road, Colchester, CO3 is £309,187. Average asking price is £333,811 while average price paid is £195,000 which is up by £20,299 and Avg. asking rent £902.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 Gainsborough Road, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 1 sales in Gainsborough Road, Colchester, CO3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £225,250. 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 £222,050 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £227,678 per sale.