Average Price for property in Arbour Lane, Chelmsford, CM1 is around £294,483 which varies based on type of property you are interested in and ranges from £443,574 for detached house to around £308,324 for semi-detached. Similarly terraced house is around £255,646 and a flat is worth £196,087. Values have been changing and have risen £786 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,051 in last 6 months, £24,557 in last 1 year, £31,492 in last 2 years, £41,471 in last 3 years, £39,596 in last 4 years and £41,071 in last 5 years.
Currently average asking price of a property in Arbour Lane, Chelmsford, CM1 is around £415,914 based on approximately 2 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £1,223 per month.
Estimated property value in Arbour Lane, Chelmsford, CM1 is £294,483. Average asking price is £415,914 while average price paid is £227,000 which is up by £24,557 and Avg. asking rent £1,223.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 Arbour Lane, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £227,000 based on approximately 2 sales in Arbour Lane, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £230,214. 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 £210,896 for 30 and average amount paid for purchase of approx. 40 properties sold in last 7 years comes to about £214,486 per sale.