Average Price for property in Gray Road, Colchester, CO3 is around £272,568 which varies based on type of property you are interested in and ranges from £387,928 for detached house to around £239,703 for semi-detached. Similarly terraced house is around £266,979. Values have been changing and have risen £722 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,381 in last 6 months, £19,472 in last 1 year, £26,562 in last 2 years, £30,408 in last 3 years, £29,614 in last 4 years and £31,290 in last 5 years.
Currently average asking price of a property in Gray Road, Colchester, CO3 is around £333,811 based on approximately 2 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 Gray Road, Colchester, CO3 is £272,568. Average asking price is £333,811 while average price paid is £240,000 which is up by £19,472 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 Gray Road, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 2 sales in Gray Road, Colchester, CO3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £277,200. 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 £264,333 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £264,333 per sale.