Average Price for property in Gloucester Avenue, Chelmsford, CM2 is around £261,767 which varies based on type of property you are interested in and ranges from £257,911 for detached house to around £289,616 for semi-detached. Similarly terraced house is around £233,258 and a flat is worth £101,821. Values have been changing and have risen £777 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,795 in last 6 months, £17,546 in last 1 year, £27,542 in last 2 years, £36,474 in last 3 years, £32,306 in last 4 years and £34,380 in last 5 years.
Currently average asking price of a property in Gloucester Avenue, Chelmsford, CM2 is around £358,736 based on approximately 10 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 Gloucester Avenue, Chelmsford, CM2 is £261,767. Average asking price is £358,736 while average price paid is £262,649 which is up by £17,546 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 Gloucester Avenue, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £262,649 based on approximately 10 sales in Gloucester Avenue, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 28 properties where buyers paid around £242,158. 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 £233,477 for 47 and average amount paid for purchase of approx. 59 properties sold in last 7 years comes to about £224,193 per sale.