Average Price for property in Ipswich Road, Colchester, CO4 is around £272,203 which varies based on type of property you are interested in and ranges from £364,557 for detached house to around £242,895 for semi-detached. Similarly terraced house is around £218,449 and a flat is worth £115,523. Values have been changing and have risen £662 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,095 in last 6 months, £18,406 in last 1 year, £25,088 in last 2 years, £31,130 in last 3 years, £25,758 in last 4 years and £27,084 in last 5 years.
Currently average asking price of a property in Ipswich Road, Colchester, CO4 is around £245,396 based on approximately 23 properties for sale. Same is the case with rental options based on 131 properties up for rent, average asking rent is around £1,158 per month.
Estimated property value in Ipswich Road, Colchester, CO4 is £272,203. Average asking price is £245,396 while average price paid is £208,608 which is up by £18,406 and Avg. asking rent £1,158.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 Ipswich Road, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £208,608 based on approximately 23 sales in Ipswich Road, Colchester, CO4 area alone. If you compare it to last 3 years sales of 50 properties where buyers paid around £197,699. 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 £193,796 for 74 and average amount paid for purchase of approx. 101 properties sold in last 7 years comes to about £186,962 per sale.