Average Price for property in Shortcut Road, Colchester, CO1 is around £182,731 which varies based on type of property you are interested in and ranges from £225,274 for terraced house to around £161,459 for a flat. Values have been changing and have risen £230 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £312 in last 6 months, £13,472 in last 1 year, £15,415 in last 2 years, £19,976 in last 3 years, £18,091 in last 4 years and £17,461 in last 5 years.
Currently average asking price of a property in Shortcut 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 Shortcut Road, Colchester, CO1 is £182,731. Average asking price is £194,374 while average price paid is £148,750 which is up by £13,472 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 Shortcut Road, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £148,750 based on approximately 2 sales in Shortcut Road, Colchester, CO1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £148,750. 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 £148,750 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £148,750 per sale.