Values have been changing and have risen £451 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,109 in last 6 months, £12,139 in last 1 year, £16,559 in last 2 years, £18,957 in last 3 years, £18,466 in last 4 years and £19,513 in last 5 years.
Currently average asking price of a property in Trafalgar Road, Colchester, CO3 is around £333,811 based on approximately 1 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 Trafalgar Road, Colchester, CO3 is £180,313. Average asking price is £333,811 while average price paid is £174,000 which is up by £12,139 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 Trafalgar Road, Colchester, CO3 area. In last 1 year alone average price buyer paid is around £174,000 based on approximately 1 sales in Trafalgar Road, Colchester, CO3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £192,000. 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 £174,750 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £174,200 per sale.