Average Price for property in New Cut, Layer-De-La-Haye, Colchester, CO2 is around £307,061 which varies based on type of property you are interested in and ranges from £358,379 for detached house to around £279,993 for semi-detached. Similarly terraced house is around £178,497. Values have been changing and have risen £165 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,562 in last 6 months, £20,765 in last 1 year, £28,541 in last 2 years, £34,982 in last 3 years, £33,494 in last 4 years and £30,588 in last 5 years.
Currently average asking price of a property in New Cut, Layer-De-La-Haye, Colchester, CO2 is around £211,152 based on approximately 3 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £921 per month.
Estimated property value in New Cut, Layer-De-La-Haye, Colchester, CO2 is £307,061. Average asking price is £211,152 while average price paid is £251,666 which is up by £20,765 and Avg. asking rent £921.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 New Cut, Layer-De-La-Haye, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £251,666 based on approximately 3 sales in New Cut, Layer-De-La-Haye, Colchester, CO2 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £218,500. 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 £211,500 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £208,807 per sale.