Average Price for property in Elgin Avenue, Chelmsford, CM1 is around £222,083 which varies based on type of property you are interested in and ranges from £235,034 for detached house to around £306,559 for semi-detached. Similarly terraced house is around £318,766 and a flat is worth £103,008. Values have been changing and have risen £632 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,647 in last 6 months, £19,720 in last 1 year, £25,290 in last 2 years, £33,305 in last 3 years, £31,799 in last 4 years and £32,985 in last 5 years.
Currently average asking price of a property in Elgin Avenue, 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 Elgin Avenue, Chelmsford, CM1 is £222,083. Average asking price is £415,914 while average price paid is £232,500 which is up by £33,305 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 Elgin Avenue, Chelmsford, CM1 area. In last 3 years alone average price buyer paid is around £232,500 based on approximately 1 sales in Elgin Avenue, Chelmsford, CM1 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £232,500. 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 £122,662 for 4 per sale.