Average Price for property in Reymead Close, West Mersea, Colchester, CO5 is around £222,743 which varies based on type of property you are interested in and ranges from £225,231 for detached house to around £214,445 for semi-detached. Values have been changing and have risen £1,401 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,045 in last 6 months, £19,961 in last 1 year, £23,861 in last 2 years, £27,920 in last 3 years, £25,675 in last 4 years and £25,011 in last 5 years.
Currently average asking price of a property in Reymead Close, West Mersea, Colchester, CO5 is around £378,303 based on approximately 3 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,006 per month.
Estimated property value in Reymead Close, West Mersea, Colchester, CO5 is £222,743. Average asking price is £378,303 while average price paid is £204,166 which is up by £19,961 and Avg. asking rent £1,006.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 Reymead Close, West Mersea, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £204,166 based on approximately 3 sales in Reymead Close, West Mersea, Colchester, CO5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £195,833. 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 £181,937 for 16 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £181,823 per sale.