Average Price for property in Othello Close, Colchester, CO4 is around £180,722 which varies based on type of property you are interested in and ranges from £198,583 for detached house to around £212,453 for semi-detached. Similarly terraced house is around £172,291. Values have been changing and have risen £446 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,081 in last 6 months, £12,369 in last 1 year, £16,861 in last 2 years, £20,922 in last 3 years, £17,315 in last 4 years and £18,207 in last 5 years.
Currently average asking price of a property in Othello Close, Colchester, CO4 is around £245,396 based on approximately 3 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 Othello Close, Colchester, CO4 is £180,722. Average asking price is £245,396 while average price paid is £149,333 which is up by £12,369 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 Othello Close, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £149,333 based on approximately 3 sales in Othello Close, Colchester, CO4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £151,600. 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 £147,166 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £149,642 per sale.