Average Price for property in CO8 is around £371,682 which varies based on type of property you are interested in and ranges from £476,481 for detached house to around £259,543 for semi-detached. Similarly terraced house is around £222,398 and a flat is worth £147,063. Values have been changing and have risen £1,456 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,654 in last 6 months, £32,018 in last 1 year, £40,389 in last 2 years, £47,703 in last 3 years, £42,145 in last 4 years and £38,894 in last 5 years.
Currently average asking price of a property in CO8 is around £359,327 based on approximately 52 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £650 per month.
Estimated property value in CO8 is £371,682. Average asking price is £359,327 while average price paid is £290,379 which is up by £32,018 and Avg. asking rent £650.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 CO8 area. In last 1 year alone average price buyer paid is around £290,379 based on approximately 52 sales in CO8 area alone. If you compare it to last 3 years sales of 103 properties where buyers paid around £287,344. 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 £284,133 for 166 and average amount paid for purchase of approx. 217 properties sold in last 7 years comes to about £274,671 per sale.