Values have been changing and have risen £102 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £959 in last 6 months, £12,719 in last 1 year, £17,483 in last 2 years, £21,429 in last 3 years, £20,519 in last 4 years and £18,742 in last 5 years.
Currently average asking price of a property in Hazell Avenue, Colchester, CO2 is around £211,152 based on approximately 5 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £921 per month.
Estimated property value in Hazell Avenue, Colchester, CO2 is £186,021. Average asking price is £211,152 while average price paid is £159,720 which is up by £12,719 and Avg. asking rent £921.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 Hazell Avenue, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £159,720 based on approximately 5 sales in Hazell Avenue, Colchester, CO2 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £143,327. 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 £145,040 for 15 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £141,977 per sale.