Average Price for property in Buchanan Way, Latchingdon, Chelmsford, CM3 is around £189,417 which varies based on type of property you are interested in and ranges from £257,294 for detached house to around £195,601 for semi-detached. Similarly terraced house is around £186,480 and a flat is worth £124,403. Values have been changing and have risen £216 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £694 in last 6 months, £15,302 in last 1 year, £20,420 in last 2 years, £28,402 in last 3 years, £24,598 in last 4 years and £25,395 in last 5 years.
Currently average asking price of a property in Buchanan Way, Latchingdon, Chelmsford, CM3 is around £519,841 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,164 per month.
Estimated property value in Buchanan Way, Latchingdon, Chelmsford, CM3 is £189,417. Average asking price is £519,841 while average price paid is £220,000 which is up by £15,302 and Avg. asking rent £1,164.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 Buchanan Way, Latchingdon, Chelmsford, CM3 area. In last 1 year alone average price buyer paid is around £220,000 based on approximately 1 sales in Buchanan Way, Latchingdon, Chelmsford, CM3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £174,000. 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 £156,500 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £159,125 per sale.