Average Price for property in Lucas Road, Colchester, CO2 is around £171,094 which varies based on type of property you are interested in and ranges from £212,042 for detached house to around £213,681 for semi-detached. Similarly terraced house is around £172,503 and a flat is worth £149,656. Values have been changing and have risen £92 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £870 in last 6 months, £11,561 in last 1 year, £15,893 in last 2 years, £19,482 in last 3 years, £18,657 in last 4 years and £17,041 in last 5 years.
Currently average asking price of a property in Lucas Road, Colchester, CO2 is around £211,152 based on approximately 1 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £921 per month.
Estimated property value in Lucas Road, Colchester, CO2 is £171,094. Average asking price is £211,152 while average price paid is £161,500 which is up by £11,561 and Avg. asking rent £921.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 Lucas Road, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £161,500 based on approximately 1 sales in Lucas Road, Colchester, CO2 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £128,577. 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 £128,514 for 14 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £125,615 per sale.