Average Price for property in Willoughby Avenue, West Mersea, Colchester, CO5 is around £520,463 e.g. average price for detached house is around 520,463. Values have been changing and have risen £3,302 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,891 in last 6 months, £47,059 in last 1 year, £56,249 in last 2 years, £65,812 in last 3 years, £60,510 in last 4 years and £58,932 in last 5 years.
Currently average asking price of a property in Willoughby Avenue, West Mersea, Colchester, CO5 is around £378,303 based on approximately 3 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 Willoughby Avenue, West Mersea, Colchester, CO5 is £520,463. Average asking price is £378,303 while average price paid is £386,666 which is up by £47,059 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 Willoughby Avenue, West Mersea, Colchester, CO5 area. In last 1 year alone average price buyer paid is around £386,666 based on approximately 3 sales in Willoughby Avenue, West Mersea, Colchester, CO5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £426,200. 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 £444,500 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £444,500 per sale.