London Road, Feering, Colchester, CO5

Street Guide For London Road, Feering, Colchester, CO5

 

London Road, Feering, Colchester, CO5 Map

Estimated Price: £424,182
Average Asking Price: £359,697
Price change in last one year: £39,313
Average Price Paid: £373,916
Average Rent Rates: £972

 

Property Prices Breakdown in London Road, Feering, Colchester, CO5

Average Price for property in London Road, Feering, Colchester, CO5 is around £424,182 which varies based on type of property you are interested in and ranges from £491,248 for detached house to around £310,909 for semi-detached. Similarly terraced house is around £267,870 and a flat is worth £212,439. Values have been changing and have risen £2,760 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,935 in last 6 months, £39,313 in last 1 year, £46,990 in last 2 years, £54,978 in last 3 years, £50,550 in last 4 years and £49,234 in last 5 years.

Currently average asking price of a property in London Road, Feering, Colchester, CO5 is around £359,697 based on approximately 3 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £972 per month.

Estimated property value in London Road, Feering, Colchester, CO5 is £424,182. Average asking price is £359,697 while average price paid is £373,333 which is up by £39,313 and Avg. asking rent £972.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 London Road, Feering, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £373,333 based on approximately 3 sales in London Road, Feering, Colchester, CO5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £386,428. 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 £373,916 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £355,100 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £186,749, £275,906 for a 3 bedroom house, £439,852 for a 4 bedroom house and £609,000 for a 5 bedroom house. For a flat similarly the prices varies from £133,749 for a single bedroom to £179,583 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £345,000. To sum up the asking prices for properties in London Road, Feering, Colchester, CO5 it comes to around average £133,749 for 1 bedroom property, £185,095 for 2 bedroom, £277,441 for 3 bedroom, £439,852 for 4 bedroom and £609,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £807 for 2 bedroom to £843 for 3 bedroom and £2,349 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £737. You should be generally be expecting around average £598 rent per month for single bedroom property, £779 for 2 bedroom, £843 for 3 bedroom and approximately £2,349 for 5 bedroom property in London Road, Feering, Colchester, CO5 area.

Popular Houses in London Road, Feering, Colchester, CO5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around London Road, Feering, Colchester, CO5