Average Price for property in Mellor Chase, Colchester, CO3 is around £275,471 which varies based on type of property you are interested in and ranges from £280,323 for detached house to around £263,338 for semi-detached. Values have been changing and have risen £699 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,268 in last 6 months, £18,813 in last 1 year, £25,663 in last 2 years, £29,378 in last 3 years, £28,611 in last 4 years and £30,229 in last 5 years.
Currently average asking price of a property in Mellor Chase, Colchester, CO3 is around £333,811 based on approximately 0 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 Mellor Chase, Colchester, CO3 is £275,471. Average asking price is £333,811 while average price paid is £212,000 which is up by £29,378 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 Mellor Chase, Colchester, CO3 area. In last 3 years alone average price buyer paid is around £212,000 based on approximately 1 sales in Mellor Chase, Colchester, CO3 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £189,500. 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 £203,000 for 3 per sale.