Average Price for property in Park Road, Wivenhoe, Colchester, CO7 is around £329,625 which varies based on type of property you are interested in and ranges from £406,680 for detached house to around £314,371 for semi-detached. Similarly terraced house is around £244,843 and a flat is worth £115,776. Values have been changing and have risen £2,136 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,217 in last 6 months, £22,404 in last 1 year, £33,477 in last 2 years, £38,016 in last 3 years, £34,855 in last 4 years and £32,411 in last 5 years.
Currently average asking price of a property in Park Road, Wivenhoe, Colchester, CO7 is around £360,807 based on approximately 2 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £1,329 per month.
Estimated property value in Park Road, Wivenhoe, Colchester, CO7 is £329,625. Average asking price is £360,807 while average price paid is £326,750 which is up by £22,404 and Avg. asking rent £1,329.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 Park Road, Wivenhoe, Colchester, CO7 area. In last 1 year alone average price buyer paid is around £326,750 based on approximately 2 sales in Park Road, Wivenhoe, Colchester, CO7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £381,666. 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 £349,722 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £331,227 per sale.