Average Price for property in Shepherd Drive, Colchester, CO4 is around £272,349 which varies based on type of property you are interested in and ranges from £301,848 for detached house to around £321,659 for semi-detached. Similarly terraced house is around £263,815 and a flat is worth £148,992. Values have been changing and have risen £662 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,092 in last 6 months, £18,387 in last 1 year, £25,062 in last 2 years, £31,096 in last 3 years, £25,728 in last 4 years and £27,051 in last 5 years.
Currently average asking price of a property in Shepherd Drive, Colchester, CO4 is around £245,396 based on approximately 3 properties for sale. Same is the case with rental options based on 131 properties up for rent, average asking rent is around £1,158 per month.
Estimated property value in Shepherd Drive, Colchester, CO4 is £272,349. Average asking price is £245,396 while average price paid is £193,333 which is up by £18,387 and Avg. asking rent £1,158.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 Shepherd Drive, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £193,333 based on approximately 3 sales in Shepherd Drive, Colchester, CO4 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £193,249. 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 £201,499 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £199,499 per sale.