Average Price for property in Wellhouse Avenue, West Mersea, Colchester, CO5 is around £285,598 which varies based on type of property you are interested in and ranges from £381,731 for detached house to around £337,626 for semi-detached. Similarly terraced house is around £114,402 and a flat is worth £187,973. Values have been changing and have risen £1,789 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,440 in last 6 months, £25,478 in last 1 year, £30,454 in last 2 years, £35,633 in last 3 years, £32,766 in last 4 years and £31,917 in last 5 years.
Currently average asking price of a property in Wellhouse Avenue, West Mersea, Colchester, CO5 is around £378,303 based on approximately 0 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 Wellhouse Avenue, West Mersea, Colchester, CO5 is £285,598. Average asking price is £378,303 while average price paid is £262,833 which is up by £35,633 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 Wellhouse Avenue, West Mersea, Colchester, CO5 area. In last 3 years alone average price buyer paid is around £262,833 based on approximately 3 sales in Wellhouse Avenue, West Mersea, Colchester, CO5 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £240,888. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £229,378 for 12 per sale.