Average Price for property in Magazine Farm Way, Colchester, CO3 is around £281,858 which varies based on type of property you are interested in and ranges from £294,442 for detached house to around £267,851 for semi-detached. Similarly flat is around £297,924. Values have been changing and have risen £692 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,236 in last 6 months, £18,631 in last 1 year, £25,414 in last 2 years, £29,094 in last 3 years, £28,337 in last 4 years and £29,941 in last 5 years.
Currently average asking price of a property in Magazine Farm Way, Colchester, CO3 is around £333,811 based on approximately 6 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 Magazine Farm Way, Colchester, CO3 is £281,858. Average asking price is £333,811 while average price paid is £233,583 which is up by £18,631 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 Magazine Farm Way, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £233,583 based on approximately 6 sales in Magazine Farm Way, Colchester, CO3 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £217,605. 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 £216,850 for 28 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £214,734 per sale.