Values have been changing and have risen £641 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,304 in last 6 months, £14,469 in last 1 year, £22,715 in last 2 years, £30,080 in last 3 years, £26,645 in last 4 years and £28,355 in last 5 years.
Currently average asking price of a property in Byron Road, Chelmsford, CM2 is around £358,736 based on approximately 2 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 Byron Road, Chelmsford, CM2 is £216,460. Average asking price is £358,736 while average price paid is £257,500 which is up by £14,469 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 Byron Road, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £257,500 based on approximately 2 sales in Byron Road, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £192,809. 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 £189,552 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £183,820 per sale.