Average Price for property in Reaper Road, Colchester, CO3 is around £241,949 e.g. average price for semi-detached is around 241,949. Values have been changing and have risen £628 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,940 in last 6 months, £16,925 in last 1 year, £23,089 in last 2 years, £26,432 in last 3 years, £25,746 in last 4 years and £27,204 in last 5 years.
Currently average asking price of a property in Reaper Road, Colchester, CO3 is around £333,811 based on approximately 1 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £902 per month.
Estimated property value in Reaper Road, Colchester, CO3 is £241,949. Average asking price is £333,811 while average price paid is £248,000 which is up by £16,925 and Avg. asking rent £902.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 Reaper Road, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £248,000 based on approximately 1 sales in Reaper Road, Colchester, CO3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £206,666. 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 £210,000 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £206,125 per sale.