Average Price for property in Oakwood Drive, West Mersea, Colchester, CO5 is around £269,701 which varies based on type of property you are interested in and ranges from £266,127 for detached house to around £309,007 for semi-detached. Values have been changing and have risen £1,673 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,021 in last 6 months, £23,825 in last 1 year, £28,478 in last 2 years, £33,323 in last 3 years, £30,643 in last 4 years and £29,847 in last 5 years.
Currently average asking price of a property in Oakwood Drive, West Mersea, Colchester, CO5 is around £378,303 based on approximately 0 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,006 per month.
Estimated property value in Oakwood Drive, West Mersea, Colchester, CO5 is £269,701. Average asking price is £378,303 while average price paid is £234,997 which is up by £33,323 and Avg. asking rent £1,006.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 Oakwood Drive, West Mersea, Colchester, CO5 area. In last 3 years alone average price buyer paid is around £234,997 based on approximately 2 sales in Oakwood Drive, West Mersea, Colchester, CO5 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £234,997. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £196,665 for 3 per sale.