Average Price for property in Burgess Field, Springfield, Chelmsford, CM2 is around £186,768 which varies based on type of property you are interested in and ranges from £216,003 for detached house to around £225,580 for semi-detached. Similarly terraced house is around £215,813 and a flat is worth £133,820. Values have been changing and have risen £527 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,894 in last 6 months, £11,897 in last 1 year, £18,674 in last 2 years, £24,731 in last 3 years, £21,908 in last 4 years and £23,314 in last 5 years.
Currently average asking price of a property in Burgess Field, Springfield, Chelmsford, CM2 is around £358,736 based on approximately 5 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £1,065 per month.
Estimated property value in Burgess Field, Springfield, Chelmsford, CM2 is £186,768. Average asking price is £358,736 while average price paid is £143,398 which is up by £11,897 and Avg. asking rent £1,065.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 Burgess Field, Springfield, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £143,398 based on approximately 5 sales in Burgess Field, Springfield, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £149,652. 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 £147,099 for 20 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £150,685 per sale.