Average Price for property in Mill Road, Mile End, Colchester, CO4 is around £235,459 which varies based on type of property you are interested in and ranges from £295,954 for detached house to around £207,346 for semi-detached. Similarly terraced house is around £195,043 and a flat is worth £130,069. Values have been changing and have risen £602 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,814 in last 6 months, £16,731 in last 1 year, £22,806 in last 2 years, £28,299 in last 3 years, £23,415 in last 4 years and £24,619 in last 5 years.
Currently average asking price of a property in Mill Road, Mile End, Colchester, CO4 is around £238,783 based on approximately 14 properties for sale. Same is the case with rental options based on 136 properties up for rent, average asking rent is around £1,162 per month.
Estimated property value in Mill Road, Mile End, Colchester, CO4 is £235,459. Average asking price is £238,783 while average price paid is £197,535 which is up by £16,731 and Avg. asking rent £1,162.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 Mill Road, Mile End, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £197,535 based on approximately 14 sales in Mill Road, Mile End, Colchester, CO4 area alone. If you compare it to last 3 years sales of 41 properties where buyers paid around £201,792. 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 £192,185 for 62 and average amount paid for purchase of approx. 69 properties sold in last 7 years comes to about £189,543 per sale.