Average Price for property in Providence Place, Colchester, CO1 is around £134,391 which varies based on type of property you are interested in and ranges from £155,842 for detached house to around £131,477 for semi-detached. Similarly terraced house is around £123,003. Values have been changing and have risen £182 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £246 in last 6 months, £10,619 in last 1 year, £12,150 in last 2 years, £15,745 in last 3 years, £14,258 in last 4 years and £13,763 in last 5 years.
Currently average asking price of a property in Providence Place, 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 Providence Place, Colchester, CO1 is £134,391. Average asking price is £194,374 while average price paid is £128,700 which is up by £10,619 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 Providence Place, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £128,700 based on approximately 1 sales in Providence Place, Colchester, CO1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £109,850. 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 £100,050 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £97,040 per sale.