Average Price for property in Mersea Avenue, West Mersea, Colchester, CO5 is around £327,599 which varies based on type of property you are interested in and ranges from £362,770 for detached house to around £286,514 for semi-detached. Similarly terraced house is around £257,894. Values have been changing and have risen £2,011 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,242 in last 6 months, £28,657 in last 1 year, £34,253 in last 2 years, £40,075 in last 3 years, £36,850 in last 4 years and £35,891 in last 5 years.
Currently average asking price of a property in Mersea Avenue, West Mersea, Colchester, CO5 is around £378,303 based on approximately 2 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 Mersea Avenue, West Mersea, Colchester, CO5 is £327,599. Average asking price is £378,303 while average price paid is £289,975 which is up by £28,657 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 Mersea Avenue, West Mersea, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £289,975 based on approximately 2 sales in Mersea Avenue, West Mersea, Colchester, CO5 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £225,862. 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 £228,581 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £237,645 per sale.