Average Price for property in Gresley Close, Colchester, CO4 is around £348,661 e.g. average price for detached house is around 348,661. Values have been changing and have risen £927 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,333 in last 6 months, £25,763 in last 1 year, £35,114 in last 2 years, £43,567 in last 3 years, £36,044 in last 4 years and £37,894 in last 5 years.
Currently average asking price of a property in Gresley Close, Colchester, CO4 is around £245,396 based on approximately 1 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 Gresley Close, Colchester, CO4 is £348,661. Average asking price is £245,396 while average price paid is £269,000 which is up by £25,763 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 Gresley Close, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £269,000 based on approximately 1 sales in Gresley Close, Colchester, CO4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £264,500. 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 £289,665 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £278,498 per sale.