Average Price for property in Priory Street, Colchester, CO1 is around £203,859 which varies based on type of property you are interested in and ranges from £189,243 for detached house to around £207,746 for semi-detached. Similarly terraced house is around £200,813 and a flat is worth £227,081. Values have been changing and have risen £260 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £352 in last 6 months, £15,159 in last 1 year, £17,344 in last 2 years, £22,476 in last 3 years, £20,353 in last 4 years and £19,640 in last 5 years.
Currently average asking price of a property in Priory Street, Colchester, CO1 is around £194,374 based on approximately 3 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 Priory Street, Colchester, CO1 is £203,859. Average asking price is £194,374 while average price paid is £133,000 which is up by £15,159 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 Priory Street, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £133,000 based on approximately 3 sales in Priory Street, Colchester, CO1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £174,428. 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 £161,038 for 13 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £155,454 per sale.