Average Price for property in Millers Mead, Feering, Colchester, CO5 is around £357,415 which varies based on type of property you are interested in and ranges from £361,617 for detached house to around £340,606 for semi-detached. Values have been changing and have risen £2,219 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,989 in last 6 months, £31,616 in last 1 year, £37,790 in last 2 years, £44,214 in last 3 years, £40,654 in last 4 years and £39,598 in last 5 years.
Currently average asking price of a property in Millers Mead, Feering, Colchester, CO5 is around £359,697 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £972 per month.
Estimated property value in Millers Mead, Feering, Colchester, CO5 is £357,415. Average asking price is £359,697 while average price paid is £315,000 which is up by £31,616 and Avg. asking rent £972.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 Millers Mead, Feering, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £315,000 based on approximately 1 sales in Millers Mead, Feering, Colchester, CO5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £282,499. 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 £271,666 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £260,399 per sale.