Average Price for property in Riverside Place, Colchester, CO1 is around £388,798 which varies based on type of property you are interested in and ranges from £385,891 for detached house to around £460,071 for semi-detached. Similarly terraced house is around £380,617. Values have been changing and have risen £502 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £680 in last 6 months, £29,185 in last 1 year, £33,384 in last 2 years, £43,258 in last 3 years, £39,164 in last 4 years and £37,787 in last 5 years.
Currently average asking price of a property in Riverside Place, Colchester, CO1 is around £194,374 based on approximately 2 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 Riverside Place, Colchester, CO1 is £388,798. Average asking price is £194,374 while average price paid is £297,500 which is up by £29,185 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 Riverside Place, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £297,500 based on approximately 2 sales in Riverside Place, Colchester, CO1 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £307,957. 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 £315,866 for 15 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £315,866 per sale.