Values have been changing and have risen £606 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,472 in last 6 months, £10,355 in last 1 year, £13,624 in last 2 years, £15,917 in last 3 years, £15,143 in last 4 years and £12,870 in last 5 years.
Currently average asking price of a property in The Rookeries, London Road, Marks Tey, Colchester, CO6 is around £470,776 based on approximately 4 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £873 per month.
Estimated property value in The Rookeries, London Road, Marks Tey, Colchester, CO6 is £130,279. Average asking price is £470,776 while average price paid is £105,250 which is up by £10,355 and Avg. asking rent £873.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 Rookeries, London Road, Marks Tey, Colchester, CO6 area. In last 1 year alone average price buyer paid is around £105,250 based on approximately 4 sales in The Rookeries, London Road, Marks Tey, Colchester, CO6 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £100,357. 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 £98,750 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £98,083 per sale.