Average Price for property in Motor Walk, Colchester, CO4 is around £198,001 which varies based on type of property you are interested in and ranges from £275,855 for detached house to around £167,126 for semi-detached. Similarly terraced house is around £196,850. Values have been changing and have risen £516 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,408 in last 6 months, £14,312 in last 1 year, £19,509 in last 2 years, £24,207 in last 3 years, £20,032 in last 4 years and £21,064 in last 5 years.
Currently average asking price of a property in Motor Walk, Colchester, CO4 is around £245,396 based on approximately 2 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 Motor Walk, Colchester, CO4 is £198,001. Average asking price is £245,396 while average price paid is £175,000 which is up by £14,312 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 Motor Walk, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 2 sales in Motor Walk, Colchester, CO4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £165,666. 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 £167,349 for 20 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £167,349 per sale.