Rowhedge Road, Colchester, CO2

Street Guide For Rowhedge Road, Colchester, CO2

 

Rowhedge Road, Colchester, CO2 Map

Estimated Price: £197,163
Average Asking Price: £211,152
Price change in last one year: £14,032
Average Price Paid: £193,246
Average Rent Rates: £921

 

Property Prices Breakdown in Rowhedge Road, Colchester, CO2

Average Price for property in Rowhedge Road, Colchester, CO2 is around £197,163 which varies based on type of property you are interested in and ranges from £307,319 for detached house to around £216,584 for semi-detached. Similarly terraced house is around £205,956 and a flat is worth £111,792. Values have been changing and have risen £112 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,056 in last 6 months, £14,032 in last 1 year, £19,290 in last 2 years, £23,644 in last 3 years, £22,641 in last 4 years and £20,681 in last 5 years.

Currently average asking price of a property in Rowhedge Road, Colchester, CO2 is around £211,152 based on approximately 7 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £921 per month.

Estimated property value in Rowhedge Road, Colchester, CO2 is £197,163. Average asking price is £211,152 while average price paid is £225,785 which is up by £14,032 and Avg. asking rent £921.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 Rowhedge Road, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £225,785 based on approximately 7 sales in Rowhedge Road, Colchester, CO2 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £200,125. 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 £193,246 for 28 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £187,908 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £112,500, £197,448 for a 2 bedroom house, £253,661 for a 3 bedroom house, £315,946 for a 4 bedroom house and £300,000 for a 5 bedroom house. For a flat similarly the prices varies from £107,749 for a single bedroom to £142,774 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £227,498 and £205,000 for a 4 bedroom flat. To sum up the asking prices for properties in Rowhedge Road, Colchester, CO2 it comes to around average £108,224 for 1 bedroom property, £155,639 for 2 bedroom, £252,472 for 3 bedroom, £305,379 for 4 bedroom and £300,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £399 for 1 bedroom to £785 for 2 bedrooms, £943 for 3 bedrooms, £960 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £605. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £745. You should be generally be expecting around average £594 rent per month for single bedroom property, £756 for 2 bedroom, £943 for 3 bedroom, £960 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Rowhedge Road, Colchester, CO2 area.

Popular Houses in Rowhedge Road, Colchester, CO2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Rowhedge Road, Colchester, CO2