Average Price for property in Spring Lane, Colchester, CO3 is around £499,607 which varies based on type of property you are interested in and ranges from £745,533 for detached house to around £339,893 for semi-detached. Similarly terraced house is around £167,470. Values have been changing and have risen £1,256 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,885 in last 6 months, £33,899 in last 1 year, £46,238 in last 2 years, £52,929 in last 3 years, £51,546 in last 4 years and £54,460 in last 5 years.
Currently average asking price of a property in Spring Lane, Colchester, CO3 is around £333,811 based on approximately 0 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £902 per month.
Estimated property value in Spring Lane, Colchester, CO3 is £499,607. Average asking price is £333,811 while average price paid is £123,000 which is up by £54,460 and Avg. asking rent £902.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 Lane, Colchester, CO3 area. In last 5 years alone average price buyer paid is around £123,000 based on approximately 1 sales in Spring Lane, Colchester, CO3 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £382,666.