Average Price for property in Portland Road, Colchester, CO2 is around £195,294 which varies based on type of property you are interested in and ranges from £192,651 for semi-detached to around £196,086 for terraced house. Values have been changing and have risen £104 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £989 in last 6 months, £13,143 in last 1 year, £18,067 in last 2 years, £22,146 in last 3 years, £21,206 in last 4 years and £19,368 in last 5 years.
Currently average asking price of a property in Portland Road, Colchester, CO2 is around £211,152 based on approximately 2 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 Portland Road, Colchester, CO2 is £195,294. Average asking price is £211,152 while average price paid is £131,000 which is up by £13,143 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 Portland Road, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £131,000 based on approximately 2 sales in Portland Road, Colchester, CO2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £138,600. 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 £149,375 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £141,816 per sale.