Average Price for property in Elms Drive, Chelmsford, CM1 is around £328,797 which varies based on type of property you are interested in and ranges from £322,104 for detached house to around £335,490 for semi-detached. Values have been changing and have risen £862 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,248 in last 6 months, £26,930 in last 1 year, £34,536 in last 2 years, £45,480 in last 3 years, £43,420 in last 4 years and £45,037 in last 5 years.
Currently average asking price of a property in Elms Drive, 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 Elms Drive, Chelmsford, CM1 is £328,797. Average asking price is £415,914 while average price paid is £229,995 which is up by £45,480 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 Elms Drive, Chelmsford, CM1 area. In last 3 years alone average price buyer paid is around £229,995 based on approximately 1 sales in Elms Drive, Chelmsford, CM1 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £239,997. 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 £239,997 for 2 per sale.