Average Price for property in Mede Way, Wivenhoe, Colchester, CO7 is around £200,133 which varies based on type of property you are interested in and ranges from £200,782 for detached house to around £200,083 for semi-detached. Values have been changing and have risen £1,326 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,478 in last 6 months, £13,896 in last 1 year, £20,762 in last 2 years, £23,578 in last 3 years, £21,621 in last 4 years and £20,109 in last 5 years.
Currently average asking price of a property in Mede Way, Wivenhoe, Colchester, CO7 is around £360,807 based on approximately 0 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £1,329 per month.
Estimated property value in Mede Way, Wivenhoe, Colchester, CO7 is £200,133. Average asking price is £360,807 while average price paid is £159,000 which is up by £23,578 and Avg. asking rent £1,329.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 Mede Way, Wivenhoe, Colchester, CO7 area. In last 3 years alone average price buyer paid is around £159,000 based on approximately 1 sales in Mede Way, Wivenhoe, Colchester, CO7 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £167,062. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £164,625 for 6 per sale.