Average Price for property in Falmouth Road, Springfield, Chelmsford, CM1 is around £328,736 which varies based on type of property you are interested in and ranges from £384,403 for detached house to around £282,457 for semi-detached. Similarly terraced house is around £167,822. Values have been changing and have risen £870 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,270 in last 6 months, £27,188 in last 1 year, £34,867 in last 2 years, £45,913 in last 3 years, £43,831 in last 4 years and £45,462 in last 5 years.
Currently average asking price of a property in Falmouth Road, Springfield, Chelmsford, CM1 is around £415,914 based on approximately 6 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 Falmouth Road, Springfield, Chelmsford, CM1 is £328,736. Average asking price is £415,914 while average price paid is £284,158 which is up by £27,188 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 Falmouth Road, Springfield, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £284,158 based on approximately 6 sales in Falmouth Road, Springfield, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £307,216. 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 £278,235 for 21 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £253,675 per sale.