Esplanade, Mayland, Chelmsford, CM3

Street Guide For Esplanade, Mayland, Chelmsford, CM3

 

Esplanade, Mayland, Chelmsford, CM3 Map

Estimated Price: £383,234
Average Asking Price: £519,841
Price change in last one year: £31,011
Average Price Paid: £257,750
Average Rent Rates: £1,164

 

Property Prices Breakdown in Esplanade, Mayland, Chelmsford, CM3

Average Price for property in Esplanade, Mayland, Chelmsford, CM3 is around £383,234 which varies based on type of property you are interested in and ranges from £388,484 for detached house to around £235,505 for semi-detached. Values have been changing and have risen £436 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,403 in last 6 months, £31,011 in last 1 year, £41,379 in last 2 years, £57,551 in last 3 years, £49,832 in last 4 years and £51,442 in last 5 years.

Currently average asking price of a property in Esplanade, Mayland, Chelmsford, CM3 is around £519,841 based on approximately 0 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 Esplanade, Mayland, Chelmsford, CM3 is £383,234. Average asking price is £519,841 while average price paid is £260,500 which is up by £57,551 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 Esplanade, Mayland, Chelmsford, CM3 area. In last 3 years alone average price buyer paid is around £260,500 based on approximately 2 sales in Esplanade, Mayland, Chelmsford, CM3 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £257,750. 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 £269,187 for 8 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £182,991, £290,650 for a 2 bedroom house, £368,276 for a 3 bedroom house, £546,800 for a 4 bedroom house and £711,109 for a 5 bedroom house. For a flat similarly the prices varies from £123,954 for a single bedroom to £155,857 for a 2 bedroom Flat. To sum up the asking prices for properties in Esplanade, Mayland, Chelmsford, CM3 it comes to around average £144,790 for 1 bedroom property, £255,704 for 2 bedroom, £368,276 for 3 bedroom, £546,800 for 4 bedroom and £711,109 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £652 for 1 bedroom to £952 for 2 bedroom, £1,049 for 3 bedroom and £1,598 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £663. You should be generally be expecting around average £656 rent per month for single bedroom property, £952 for 2 bedroom, £1,048 for 3 bedroom and approximately £1,598 for 4 bedroom property in Esplanade, Mayland, Chelmsford, CM3 area.

Popular Houses in Esplanade, Mayland, Chelmsford, CM3

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Esplanade, Mayland, Chelmsford, CM3