Great Cob, Springfield, Chelmsford, CM1

Street Guide For Great Cob, Springfield, Chelmsford, CM1

 
 

Great Cob, Springfield, Chelmsford, CM1 Map

Estimated Price: £254,355
Average Asking Price: £415,914
Price change in last one year: £21,565
Average Price Paid: £213,857
Average Rent Rates: £1,223

Hamilton piers
7 The Square, Great Notley, Essex CM77 7WT, United Kingdom

Free House valuation

 

Property Prices Breakdown in Great Cob, Springfield, Chelmsford, CM1

Average Price for property in Great Cob, Springfield, Chelmsford, CM1 is around £254,355 which varies based on type of property you are interested in and ranges from £245,026 for detached house to around £254,821 for terraced house. Values have been changing and have risen £691 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,802 in last 6 months, £21,565 in last 1 year, £27,655 in last 2 years, £36,418 in last 3 years, £34,770 in last 4 years and £36,064 in last 5 years.

Currently average asking price of a property in Great Cob, Springfield, Chelmsford, CM1 is around £415,914 based on approximately 3 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 Great Cob, Springfield, Chelmsford, CM1 is £254,355. Average asking price is £415,914 while average price paid is £217,333 which is up by £21,565 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 Great Cob, Springfield, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £217,333 based on approximately 3 sales in Great Cob, Springfield, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £217,333. 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 £213,857 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £208,905 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 £147,498, £280,531 for a 2 bedroom house, £353,285 for a 3 bedroom house, £601,037 for a 4 bedroom house and £975,333 for a 5 bedroom house. For a flat similarly the prices varies from £147,708 for a single bedroom to £199,548 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £395,000. To sum up the asking prices for properties in Great Cob, Springfield, Chelmsford, CM1 it comes to around average £147,694 for 1 bedroom property, £218,134 for 2 bedroom, £354,589 for 3 bedroom, £601,037 for 4 bedroom and £975,333 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 £430 for 1 bedroom to £927 for 2 bedroom, £1,163 for 3 bedroom and £1,791 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £771. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £870. You should be generally be expecting around average £669 rent per month for single bedroom property, £894 for 2 bedroom, £1,163 for 3 bedroom and approximately £1,791 for 4 bedroom property in Great Cob, Springfield, Chelmsford, CM1 area.

Popular Houses in Great Cob, Springfield, Chelmsford, CM1

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 Great Cob, Springfield, Chelmsford, CM1