Average Price for property in Lexden Road, Colchester, CO3 is around £512,984 which varies based on type of property you are interested in and ranges from £704,527 for detached house to around £577,705 for semi-detached. Similarly terraced house is around £561,453 and a flat is worth £214,486. Values have been changing and have risen £1,343 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,292 in last 6 months, £36,250 in last 1 year, £49,446 in last 2 years, £56,601 in last 3 years, £55,121 in last 4 years and £58,237 in last 5 years.
Currently average asking price of a property in Lexden Road, Colchester, CO3 is around £333,811 based on approximately 10 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 Lexden Road, Colchester, CO3 is £512,984. Average asking price is £333,811 while average price paid is £337,850 which is up by £36,250 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 Lexden Road, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £337,850 based on approximately 10 sales in Lexden Road, Colchester, CO3 area alone. If you compare it to last 3 years sales of 29 properties where buyers paid around £375,950. 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 £438,966 for 42 and average amount paid for purchase of approx. 60 properties sold in last 7 years comes to about £452,865 per sale.