Average Price for property in Chelmer Road, Witham, CM8 is around £256,686 which varies based on type of property you are interested in and ranges from £290,401 for detached house to around £257,608 for semi-detached. Similarly terraced house is around £231,965 and a flat is worth £91,469. Values have been changing and have risen £186 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £218 in last 6 months, £17,222 in last 1 year, £28,353 in last 2 years, £37,042 in last 3 years, £31,478 in last 4 years and £34,434 in last 5 years.
Currently average asking price of a property in Chelmer Road, Witham, CM8 is around £404,979 based on approximately 5 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £1,324 per month.
Estimated property value in Chelmer Road, Witham, CM8 is £256,686. Average asking price is £404,979 while average price paid is £212,400 which is up by £17,222 and Avg. asking rent £1,324.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, Witham, CM8 area. In last 1 year alone average price buyer paid is around £212,400 based on approximately 5 sales in Chelmer Road, Witham, CM8 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £218,184. 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 £216,884 for 26 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £214,343 per sale.