Average Price for property in Bishop Road, Chelmsford, CM1 is around £251,809 which varies based on type of property you are interested in and ranges from £360,293 for detached house to around £239,183 for semi-detached. Similarly terraced house is around £251,025. Values have been changing and have risen £687 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,792 in last 6 months, £21,456 in last 1 year, £27,515 in last 2 years, £36,235 in last 3 years, £34,596 in last 4 years and £35,884 in last 5 years.
Currently average asking price of a property in Bishop Road, Chelmsford, CM1 is around £415,914 based on approximately 5 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 Bishop Road, Chelmsford, CM1 is £251,809. Average asking price is £415,914 while average price paid is £258,800 which is up by £21,456 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 Bishop Road, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £258,800 based on approximately 5 sales in Bishop Road, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £241,807. 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 £229,880 for 21 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £224,379 per sale.