Values have been changing and have risen £824 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,359 in last 6 months, £14,068 in last 1 year, £18,509 in last 2 years, £21,624 in last 3 years, £20,570 in last 4 years and £17,481 in last 5 years.
Currently average asking price of a property in Thomas Bell Road, Earls Colne, Colchester, CO6 is around £470,776 based on approximately 9 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 Thomas Bell Road, Earls Colne, Colchester, CO6 is £169,165. Average asking price is £470,776 while average price paid is £150,666 which is up by £14,068 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 Thomas Bell Road, Earls Colne, Colchester, CO6 area. In last 1 year alone average price buyer paid is around £150,666 based on approximately 9 sales in Thomas Bell Road, Earls Colne, Colchester, CO6 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £148,833. 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 £150,030 for 16 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £149,695 per sale.