Average Price for property in Merlin End, Colchester, CO4 is around £332,590 e.g. average price for detached house is around 332,590. Values have been changing and have risen £834 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,891 in last 6 months, £23,135 in last 1 year, £31,534 in last 2 years, £39,127 in last 3 years, £32,371 in last 4 years and £34,034 in last 5 years.
Currently average asking price of a property in Merlin End, Colchester, CO4 is around £245,396 based on approximately 1 properties for sale. Same is the case with rental options based on 131 properties up for rent, average asking rent is around £1,158 per month.
Estimated property value in Merlin End, Colchester, CO4 is £332,590. Average asking price is £245,396 while average price paid is £325,000 which is up by £23,135 and Avg. asking rent £1,158.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 Merlin End, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £325,000 based on approximately 1 sales in Merlin End, Colchester, CO4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £258,750. 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 £258,750 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £245,000 per sale.