Average Price for property in The Commons, Colchester, CO3 is around £273,282 which varies based on type of property you are interested in and ranges from £324,976 for detached house to around £238,192 for semi-detached. Similarly terraced house is around £203,815 and a flat is worth £120,590. Values have been changing and have risen £690 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,232 in last 6 months, £18,610 in last 1 year, £25,386 in last 2 years, £29,059 in last 3 years, £28,301 in last 4 years and £29,903 in last 5 years.
Currently average asking price of a property in The Commons, Colchester, CO3 is around £333,811 based on approximately 2 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £902 per month.
Estimated property value in The Commons, Colchester, CO3 is £273,282. Average asking price is £333,811 while average price paid is £347,500 which is up by £18,610 and Avg. asking rent £902.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 The Commons, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £347,500 based on approximately 2 sales in The Commons, Colchester, CO3 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £254,994. 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 £233,055 for 19 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £226,298 per sale.