Average Price for property in Drake Avenue, Mayland, Chelmsford, CM3 is around £270,575 which varies based on type of property you are interested in and ranges from £268,035 for detached house to around £304,869 for semi-detached. Values have been changing and have risen £308 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £991 in last 6 months, £21,897 in last 1 year, £29,220 in last 2 years, £40,640 in last 3 years, £35,191 in last 4 years and £36,329 in last 5 years.
Currently average asking price of a property in Drake Avenue, Mayland, Chelmsford, CM3 is around £519,841 based on approximately 3 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,164 per month.
Estimated property value in Drake Avenue, Mayland, Chelmsford, CM3 is £270,575. Average asking price is £519,841 while average price paid is £226,333 which is up by £21,897 and Avg. asking rent £1,164.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 Drake Avenue, Mayland, Chelmsford, CM3 area. In last 1 year alone average price buyer paid is around £226,333 based on approximately 3 sales in Drake Avenue, Mayland, Chelmsford, CM3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £215,200. 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 £223,216 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £223,496 per sale.