Average Price for property in Spring Close, Highwoods, Colchester, CO4 is around £564,069 e.g. average price for detached house is around 564,069. Values have been changing and have risen £1,392 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,503 in last 6 months, £38,679 in last 1 year, £52,718 in last 2 years, £65,409 in last 3 years, £54,111 in last 4 years and £56,888 in last 5 years.
Currently average asking price of a property in Spring Close, Highwoods, Colchester, CO4 is around £238,783 based on approximately 1 properties for sale. Same is the case with rental options based on 136 properties up for rent, average asking rent is around £1,162 per month.
Estimated property value in Spring Close, Highwoods, Colchester, CO4 is £564,069. Average asking price is £238,783 while average price paid is £500,000 which is up by £38,679 and Avg. asking rent £1,162.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 Spring Close, Highwoods, Colchester, CO4 area. In last 1 year alone average price buyer paid is around £500,000 based on approximately 1 sales in Spring Close, Highwoods, Colchester, CO4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £467,500. 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 £467,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £452,000 per sale.