Average Price for property in Grosvenor Place, Colchester, CO1 is around £240,896 e.g. average price for a flat is around 240,896. Values have been changing and have risen £304 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £411 in last 6 months, £17,677 in last 1 year, £20,223 in last 2 years, £26,206 in last 3 years, £23,728 in last 4 years and £22,897 in last 5 years.
Currently average asking price of a property in Grosvenor Place, Colchester, CO1 is around £194,374 based on approximately 2 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £979 per month.
Estimated property value in Grosvenor Place, Colchester, CO1 is £240,896. Average asking price is £194,374 while average price paid is £151,250 which is up by £17,677 and Avg. asking rent £979.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 Grosvenor Place, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £151,250 based on approximately 2 sales in Grosvenor Place, Colchester, CO1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £178,350. 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 £178,350 for 10 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £178,350 per sale.