Average Price for property in Gerard Gardens, Chelmsford, CM2 is around £245,776 which varies based on type of property you are interested in and ranges from £352,013 for detached house to around £329,917 for semi-detached. Similarly terraced house is around £245,644 and a flat is worth £213,177. Values have been changing and have risen £689 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,479 in last 6 months, £15,571 in last 1 year, £24,441 in last 2 years, £32,367 in last 3 years, £28,669 in last 4 years and £30,511 in last 5 years.
Currently average asking price of a property in Gerard Gardens, Chelmsford, CM2 is around £358,736 based on approximately 3 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £1,065 per month.
Estimated property value in Gerard Gardens, Chelmsford, CM2 is £245,776. Average asking price is £358,736 while average price paid is £168,666 which is up by £15,571 and Avg. asking rent £1,065.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 Gerard Gardens, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £168,666 based on approximately 3 sales in Gerard Gardens, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £192,166. 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 £188,642 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £186,166 per sale.