Average Price for property in London Road, Marks Tey, Colchester, CO6 is around £304,885 which varies based on type of property you are interested in and ranges from £369,437 for detached house to around £256,180 for semi-detached. Similarly terraced house is around £166,965. Values have been changing and have risen £1,490 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,076 in last 6 months, £25,456 in last 1 year, £33,490 in last 2 years, £39,122 in last 3 years, £37,208 in last 4 years and £31,612 in last 5 years.
Currently average asking price of a property in London Road, Marks Tey, Colchester, CO6 is around £470,776 based on approximately 1 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £873 per month.
Estimated property value in London Road, Marks Tey, Colchester, CO6 is £304,885. Average asking price is £470,776 while average price paid is £410,000 which is up by £25,456 and Avg. asking rent £873.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, Marks Tey, Colchester, CO6 area. In last 1 year alone average price buyer paid is around £410,000 based on approximately 1 sales in London Road, Marks Tey, Colchester, CO6 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £227,000. 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 £217,833 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £217,791 per sale.