Average Price for property in Thatchers Drive, Elmstead, Colchester, CO7 is around £217,934 which varies based on type of property you are interested in and ranges from £256,078 for detached house to around £211,578 for semi-detached. Values have been changing and have risen £1,433 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,841 in last 6 months, £15,027 in last 1 year, £22,454 in last 2 years, £25,500 in last 3 years, £23,382 in last 4 years and £21,746 in last 5 years.
Currently average asking price of a property in Thatchers Drive, Elmstead, Colchester, CO7 is around £362,891 based on approximately 2 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,393 per month.
Estimated property value in Thatchers Drive, Elmstead, Colchester, CO7 is £217,934. Average asking price is £362,891 while average price paid is £210,000 which is up by £15,027 and Avg. asking rent £1,393.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 Thatchers Drive, Elmstead, Colchester, CO7 area. In last 1 year alone average price buyer paid is around £210,000 based on approximately 2 sales in Thatchers Drive, Elmstead, Colchester, CO7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £210,000. 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 £210,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £188,125 per sale.