Values have been changing and have risen £125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,175 in last 6 months, £15,610 in last 1 year, £21,457 in last 2 years, £26,300 in last 3 years, £25,182 in last 4 years and £23,001 in last 5 years.
Currently average asking price of a property in Waterside Lane, Colchester, CO2 is around £211,152 based on approximately 4 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £921 per month.
Estimated property value in Waterside Lane, Colchester, CO2 is £215,583. Average asking price is £211,152 while average price paid is £137,250 which is up by £15,610 and Avg. asking rent £921.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 Waterside Lane, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £137,250 based on approximately 4 sales in Waterside Lane, Colchester, CO2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £135,800. 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 £140,235 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £157,095 per sale.