Average Price for property in Roman Road, Colchester, CO1 is around £278,776 which varies based on type of property you are interested in and ranges from £459,944 for detached house to around £302,518 for semi-detached. Similarly terraced house is around £277,425 and a flat is worth £128,463. Values have been changing and have risen £364 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £493 in last 6 months, £21,266 in last 1 year, £24,327 in last 2 years, £31,524 in last 3 years, £28,542 in last 4 years and £27,540 in last 5 years.
Currently average asking price of a property in Roman Road, 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 Roman Road, Colchester, CO1 is £278,776. Average asking price is £194,374 while average price paid is £304,000 which is up by £21,266 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 Roman Road, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £304,000 based on approximately 2 sales in Roman Road, Colchester, CO1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £276,600. 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 £244,192 for 13 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £230,567 per sale.