Average Price for property in Old Heath Road, Colchester, CO2 is around £199,383 which varies based on type of property you are interested in and ranges from £249,247 for detached house to around £206,413 for semi-detached. Similarly terraced house is around £160,913 and a flat is worth £112,673. Values have been changing and have risen £116 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,100 in last 6 months, £14,613 in last 1 year, £20,086 in last 2 years, £24,618 in last 3 years, £23,572 in last 4 years and £21,528 in last 5 years.
Currently average asking price of a property in Old Heath Road, Colchester, CO2 is around £211,152 based on approximately 12 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 Old Heath Road, Colchester, CO2 is £199,383. Average asking price is £211,152 while average price paid is £184,041 which is up by £14,613 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 Old Heath Road, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £184,041 based on approximately 12 sales in Old Heath Road, Colchester, CO2 area alone. If you compare it to last 3 years sales of 32 properties where buyers paid around £171,140. 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 £171,902 for 47 and average amount paid for purchase of approx. 61 properties sold in last 7 years comes to about £171,727 per sale.