Average Price for property in Heath Road, Colchester, CO3 is around £312,385 which varies based on type of property you are interested in and ranges from £436,976 for detached house to around £272,357 for semi-detached. Similarly terraced house is around £218,933 and a flat is worth £143,163. Values have been changing and have risen £788 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,688 in last 6 months, £21,240 in last 1 year, £28,973 in last 2 years, £33,168 in last 3 years, £32,304 in last 4 years and £34,132 in last 5 years.
Currently average asking price of a property in Heath Road, Colchester, CO3 is around £333,811 based on approximately 4 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 Heath Road, Colchester, CO3 is £312,385. Average asking price is £333,811 while average price paid is £310,500 which is up by £21,240 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 Heath Road, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £310,500 based on approximately 4 sales in Heath Road, Colchester, CO3 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £233,895. 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 £219,497 for 17 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £229,147 per sale.