Average Price for property in Orchard Road, Colchester, CO1 is around £218,677 which varies based on type of property you are interested in and ranges from £287,344 for detached house to around £211,310 for semi-detached. Similarly terraced house is around £185,179. Values have been changing and have risen £281 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £381 in last 6 months, £16,475 in last 1 year, £18,847 in last 2 years, £24,423 in last 3 years, £22,114 in last 4 years and £21,339 in last 5 years.
Currently average asking price of a property in Orchard Road, Colchester, CO1 is around £194,374 based on approximately 1 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £979 per month.
Estimated property value in Orchard Road, Colchester, CO1 is £218,677. Average asking price is £194,374 while average price paid is £180,000 which is up by £16,475 and Avg. asking rent £979.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 Orchard Road, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £180,000 based on approximately 1 sales in Orchard Road, Colchester, CO1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £179,750. 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 £175,642 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £175,642 per sale.