Values have been changing and have risen £79 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £749 in last 6 months, £9,953 in last 1 year, £13,683 in last 2 years, £16,772 in last 3 years, £16,061 in last 4 years and £14,672 in last 5 years.
Currently average asking price of a property in Wethersfield Road, Blackheath, Colchester, CO2 is around £211,152 based on approximately 3 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 Wethersfield Road, Blackheath, Colchester, CO2 is £141,491. Average asking price is £211,152 while average price paid is £133,666 which is up by £9,953 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 Wethersfield Road, Blackheath, Colchester, CO2 area. In last 1 year alone average price buyer paid is around £133,666 based on approximately 3 sales in Wethersfield Road, Blackheath, Colchester, CO2 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £121,528. 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 £111,855 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £113,225 per sale.