Values have been changing and have risen £97 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £912 in last 6 months, £12,104 in last 1 year, £16,638 in last 2 years, £20,394 in last 3 years, £19,531 in last 4 years and £17,839 in last 5 years.
Currently average asking price of a property in Ilex Close, Colchester, CO2 is around £211,152 based on approximately 7 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 Ilex Close, Colchester, CO2 is £173,120. Average asking price is £211,152 while average price paid is £130,357 which is up by £12,104 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 Ilex Close, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £130,357 based on approximately 7 sales in Ilex Close, Colchester, CO2 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £124,730. 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 £138,433 for 70 and average amount paid for purchase of approx. 70 properties sold in last 7 years comes to about £138,433 per sale.