Average Price for property in Mortimer Gardens, Colchester, CO4 is around £205,234 which varies based on type of property you are interested in and ranges from £288,037 for detached house to around £269,683 for semi-detached. Similarly terraced house is around £244,822 and a flat is worth £155,088. Values have been changing and have risen £520 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,426 in last 6 months, £14,417 in last 1 year, £19,651 in last 2 years, £24,385 in last 3 years, £20,179 in last 4 years and £21,219 in last 5 years.
Currently average asking price of a property in Mortimer Gardens, Colchester, CO4 is around £245,396 based on approximately 3 properties for sale. Same is the case with rental options based on 131 properties up for rent, average asking rent is around £1,158 per month.
Estimated property value in Mortimer Gardens, Colchester, CO4 is £205,234. Average asking price is £245,396 while average price paid is £202,666 which is up by £14,417 and Avg. asking rent £1,158.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 Mortimer Gardens, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £202,666 based on approximately 3 sales in Mortimer Gardens, Colchester, CO4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £179,444. 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 £176,959 for 11 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £182,916 per sale.