Average Price for property in Mill Road, West Mersea, Colchester, CO5 is around £245,098 which varies based on type of property you are interested in and ranges from £285,149 for detached house to around £194,815 for semi-detached. Similarly terraced house is around £191,993. Values have been changing and have risen £1,504 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,414 in last 6 months, £21,422 in last 1 year, £25,607 in last 2 years, £29,963 in last 3 years, £27,554 in last 4 years and £26,839 in last 5 years.
Currently average asking price of a property in Mill Road, West Mersea, Colchester, CO5 is around £378,303 based on approximately 0 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 Mill Road, West Mersea, Colchester, CO5 is £245,098. Average asking price is £378,303 while average price paid is £190,666 which is up by £29,963 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 Mill Road, West Mersea, Colchester, CO5 area. In last 3 years alone average price buyer paid is around £190,666 based on approximately 3 sales in Mill Road, West Mersea, Colchester, CO5 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £190,400. 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 £168,681 for 11 per sale.