Average Price for property in Hogarth Close, West Mersea, Colchester, CO5 is around £303,292 e.g. average price for detached house is around 303,292. Values have been changing and have risen £1,888 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,795 in last 6 months, £26,888 in last 1 year, £32,139 in last 2 years, £37,603 in last 3 years, £34,574 in last 4 years and £33,676 in last 5 years.
Currently average asking price of a property in Hogarth Close, West Mersea, Colchester, CO5 is around £378,303 based on approximately 2 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,006 per month.
Estimated property value in Hogarth Close, West Mersea, Colchester, CO5 is £303,292. Average asking price is £378,303 while average price paid is £240,000 which is up by £26,888 and Avg. asking rent £1,006.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 Hogarth Close, West Mersea, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 2 sales in Hogarth Close, West Mersea, Colchester, CO5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £237,666. 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 £237,666 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £231,375 per sale.