Average Price for property in Meadow Lane, West Mersea, Colchester, CO5 is around £608,905 which varies based on type of property you are interested in and ranges from £644,573 for detached house to around £430,562 for semi-detached. Values have been changing and have risen £3,895 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,026 in last 6 months, £55,506 in last 1 year, £66,341 in last 2 years, £77,619 in last 3 years, £71,363 in last 4 years and £69,503 in last 5 years.
Currently average asking price of a property in Meadow Lane, West Mersea, Colchester, CO5 is around £378,303 based on approximately 0 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,006 per month.
Estimated property value in Meadow Lane, West Mersea, Colchester, CO5 is £608,905. Average asking price is £378,303 while average price paid is £470,000 which is up by £77,619 and Avg. asking rent £1,006.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 Lane, West Mersea, Colchester, CO5 area. In last 3 years alone average price buyer paid is around £470,000 based on approximately 1 sales in Meadow Lane, West Mersea, Colchester, CO5 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £395,333. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £395,333 for 3 per sale.