Values have been changing and have risen £246 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,263 in last 6 months, £8,126 in last 1 year, £11,123 in last 2 years, £12,753 in last 3 years, £11,818 in last 4 years and £10,599 in last 5 years.
Currently average asking price of a property in Melton Close, Clacton-on-Sea, CO16 is around £213,023 based on approximately 2 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £772 per month.
Estimated property value in Melton Close, Clacton-on-Sea, CO16 is £104,943. Average asking price is £213,023 while average price paid is £87,850 which is up by £8,126 and Avg. asking rent £772.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 Melton Close, Clacton-on-Sea, CO16 area. In last 1 year alone average price buyer paid is around £87,850 based on approximately 2 sales in Melton Close, Clacton-on-Sea, CO16 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £106,066. 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 £95,140 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £95,140 per sale.