Average Price for property in Meadow Close, Elmstead, Colchester, CO7 is around £146,744 which varies based on type of property you are interested in and ranges from £158,102 for detached house to around £164,240 for semi-detached. Similarly terraced house is around £142,096 and a flat is worth £137,011. Values have been changing and have risen £973 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,288 in last 6 months, £10,204 in last 1 year, £15,248 in last 2 years, £17,318 in last 3 years, £15,881 in last 4 years and £14,774 in last 5 years.
Currently average asking price of a property in Meadow Close, Elmstead, Colchester, CO7 is around £362,891 based on approximately 5 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,393 per month.
Estimated property value in Meadow Close, Elmstead, Colchester, CO7 is £146,744. Average asking price is £362,891 while average price paid is £129,468 which is up by £10,204 and Avg. asking rent £1,393.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 Meadow Close, Elmstead, Colchester, CO7 area. In last 1 year alone average price buyer paid is around £129,468 based on approximately 5 sales in Meadow Close, Elmstead, Colchester, CO7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £131,905. 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 £130,530 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £131,488 per sale.