Average Price for property in Mill Street, Brightlingsea, Colchester, CO7 is around £212,319 which varies based on type of property you are interested in and ranges from £286,115 for detached house to around £189,470 for semi-detached. Similarly terraced house is around £188,312. Values have been changing and have risen £1,405 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,746 in last 6 months, £14,730 in last 1 year, £22,011 in last 2 years, £24,997 in last 3 years, £22,922 in last 4 years and £21,319 in last 5 years.
Currently average asking price of a property in Mill Street, Brightlingsea, Colchester, CO7 is around £362,891 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,393 per month.
Estimated property value in Mill Street, Brightlingsea, Colchester, CO7 is £212,319. Average asking price is £362,891 while average price paid is £195,000 which is up by £14,730 and Avg. asking rent £1,393.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 Street, Brightlingsea, Colchester, CO7 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 1 sales in Mill Street, Brightlingsea, Colchester, CO7 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £185,400. 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 £170,187 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £166,227 per sale.