Average Price for property in Mile End Road, Colchester, CO4 is around £240,887 which varies based on type of property you are interested in and ranges from £322,811 for detached house to around £216,302 for semi-detached. Similarly terraced house is around £228,347 and a flat is worth £190,784. Values have been changing and have risen £641 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,989 in last 6 months, £17,768 in last 1 year, £24,217 in last 2 years, £30,048 in last 3 years, £24,862 in last 4 years and £26,141 in last 5 years.
Currently average asking price of a property in Mile End Road, Colchester, CO4 is around £245,396 based on approximately 8 properties for sale. Same is the case with rental options based on 131 properties up for rent, average asking rent is around £1,158 per month.
Estimated property value in Mile End Road, Colchester, CO4 is £240,887. Average asking price is £245,396 while average price paid is £220,375 which is up by £17,768 and Avg. asking rent £1,158.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 Mile End Road, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £220,375 based on approximately 8 sales in Mile End Road, Colchester, CO4 area alone. If you compare it to last 3 years sales of 24 properties where buyers paid around £208,545. 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 £205,857 for 38 and average amount paid for purchase of approx. 50 properties sold in last 7 years comes to about £198,716 per sale.