Average Price for property in Cedar Avenue, Chelmsford, CM1 is around £236,565 which varies based on type of property you are interested in and ranges from £404,652 for detached house to around £405,150 for semi-detached. Similarly flat is around £212,511. Values have been changing and have risen £626 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,632 in last 6 months, £19,539 in last 1 year, £25,056 in last 2 years, £32,996 in last 3 years, £31,504 in last 4 years and £32,679 in last 5 years.
Currently average asking price of a property in Cedar Avenue, Chelmsford, CM1 is around £415,914 based on approximately 20 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 Cedar Avenue, Chelmsford, CM1 is £236,565. Average asking price is £415,914 while average price paid is £178,135 which is up by £19,539 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 Cedar Avenue, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £178,135 based on approximately 20 sales in Cedar Avenue, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 24 properties where buyers paid around £178,987. 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 £180,390 for 30 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £177,844 per sale.