Average Price for property in Kingsmere Close, West Mersea, Colchester, CO5 is around £313,839 which varies based on type of property you are interested in and ranges from £314,838 for detached house to around £297,863 for semi-detached. Values have been changing and have risen £1,884 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,783 in last 6 months, £26,844 in last 1 year, £32,087 in last 2 years, £37,543 in last 3 years, £34,521 in last 4 years and £33,626 in last 5 years.
Currently average asking price of a property in Kingsmere Close, West Mersea, Colchester, CO5 is around £378,303 based on approximately 1 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 Kingsmere Close, West Mersea, Colchester, CO5 is £313,839. Average asking price is £378,303 while average price paid is £210,000 which is up by £26,844 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 Kingsmere Close, West Mersea, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £210,000 based on approximately 1 sales in Kingsmere Close, West Mersea, Colchester, CO5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £207,500. 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 £207,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £227,500 per sale.