Values have been changing and have risen £1,201 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,323 in last 6 months, £17,104 in last 1 year, £20,448 in last 2 years, £23,926 in last 3 years, £22,002 in last 4 years and £21,433 in last 5 years.
Currently average asking price of a property in Vince Close, West Mersea, Colchester, CO5 is around £378,303 based on approximately 1 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,006 per month.
Estimated property value in Vince Close, West Mersea, Colchester, CO5 is £191,401. Average asking price is £378,303 while average price paid is £177,000 which is up by £17,104 and Avg. asking rent £1,006.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 Vince Close, West Mersea, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £177,000 based on approximately 1 sales in Vince Close, West Mersea, Colchester, CO5 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £177,000. 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 £177,250 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £177,250 per sale.