Average Price for property in Westwood Drive, West Mersea, Colchester, CO5 is around £238,807 which varies based on type of property you are interested in and ranges from £325,538 for detached house to around £207,977 for semi-detached. Similarly terraced house is around £300,022 and a flat is worth £173,664. Values have been changing and have risen £1,517 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,461 in last 6 months, £21,607 in last 1 year, £25,829 in last 2 years, £30,221 in last 3 years, £27,791 in last 4 years and £27,070 in last 5 years.
Currently average asking price of a property in Westwood Drive, West Mersea, Colchester, CO5 is around £378,303 based on approximately 2 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 Westwood Drive, West Mersea, Colchester, CO5 is £238,807. Average asking price is £378,303 while average price paid is £201,000 which is up by £21,607 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 Westwood Drive, West Mersea, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £201,000 based on approximately 2 sales in Westwood Drive, West Mersea, Colchester, CO5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £182,500. 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 £174,687 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £177,500 per sale.