Average Price for property in Chelmer Road, Braintree, CM7 is around £174,794 which varies based on type of property you are interested in and ranges from £212,652 for detached house to around £191,662 for semi-detached. Similarly terraced house is around £164,492. Values have been changing and have risen £683 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,527 in last 6 months, £14,242 in last 1 year, £18,591 in last 2 years, £25,194 in last 3 years, £23,623 in last 4 years and £23,771 in last 5 years.
Currently average asking price of a property in Chelmer Road, Braintree, CM7 is around £306,189 based on approximately 3 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £855 per month.
Estimated property value in Chelmer Road, Braintree, CM7 is £174,794. Average asking price is £306,189 while average price paid is £172,666 which is up by £14,242 and Avg. asking rent £855.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 Chelmer Road, Braintree, CM7 area. In last 1 year alone average price buyer paid is around £172,666 based on approximately 3 sales in Chelmer Road, Braintree, CM7 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £160,875. 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 £151,166 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £152,950 per sale.