Values have been changing and have risen £274 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £371 in last 6 months, £15,978 in last 1 year, £18,276 in last 2 years, £23,684 in last 3 years, £21,445 in last 4 years and £20,694 in last 5 years.
Currently average asking price of a property in Peache Road, Colchester, CO1 is around £194,374 based on approximately 20 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 Peache Road, Colchester, CO1 is £207,183. Average asking price is £194,374 while average price paid is £183,608 which is up by £15,978 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 Peache Road, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £183,608 based on approximately 20 sales in Peache Road, Colchester, CO1 area alone. If you compare it to last 3 years sales of 62 properties where buyers paid around £181,925. 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 £180,349 for 70 and average amount paid for purchase of approx. 70 properties sold in last 7 years comes to about £180,349 per sale.