Values have been changing and have risen £551 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,438 in last 6 months, £17,206 in last 1 year, £22,067 in last 2 years, £29,060 in last 3 years, £27,746 in last 4 years and £28,782 in last 5 years.
Currently average asking price of a property in Drood Close, Chelmsford, CM1 is around £415,914 based on approximately 0 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 Drood Close, Chelmsford, CM1 is £203,508. Average asking price is £415,914 while average price paid is £149,498 which is up by £29,060 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 Drood Close, Chelmsford, CM1 area. In last 3 years alone average price buyer paid is around £149,498 based on approximately 3 sales in Drood Close, Chelmsford, CM1 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £143,599. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £143,599 for 5 per sale.