Average Price for property in Castle Road, Colchester, CO1 is around £291,439 which varies based on type of property you are interested in and ranges from £321,958 for detached house to around £312,382 for semi-detached. Similarly terraced house is around £244,499 and a flat is worth £312,366. Values have been changing and have risen £391 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £530 in last 6 months, £22,839 in last 1 year, £26,126 in last 2 years, £33,855 in last 3 years, £30,654 in last 4 years and £29,580 in last 5 years.
Currently average asking price of a property in Castle Road, Colchester, CO1 is around £194,374 based on approximately 8 properties for sale. Same is the case with rental options based on 112 properties up for rent, average asking rent is around £979 per month.
Estimated property value in Castle Road, Colchester, CO1 is £291,439. Average asking price is £194,374 while average price paid is £342,186 which is up by £22,839 and Avg. asking rent £979.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 Castle Road, Colchester, CO1 area. In last 1 year alone average price buyer paid is around £342,186 based on approximately 8 sales in Castle Road, Colchester, CO1 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £272,593. 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 £271,331 for 28 and average amount paid for purchase of approx. 52 properties sold in last 7 years comes to about £255,437 per sale.