Average Price for property in Home Mead, Galleywood, Chelmsford, CM2 is around £141,028 which varies based on type of property you are interested in and ranges from £214,023 for semi-detached to around £130,600 for a flat. Values have been changing and have risen £402 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,447 in last 6 months, £9,090 in last 1 year, £14,270 in last 2 years, £18,899 in last 3 years, £16,745 in last 4 years and £17,821 in last 5 years.
Currently average asking price of a property in Home Mead, Galleywood, Chelmsford, CM2 is around £360,263 based on approximately 1 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £1,068 per month.
Estimated property value in Home Mead, Galleywood, Chelmsford, CM2 is £141,028. Average asking price is £360,263 while average price paid is £109,995 which is up by £9,090 and Avg. asking rent £1,068.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 Home Mead, Galleywood, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £109,995 based on approximately 1 sales in Home Mead, Galleywood, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £110,997. 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 £111,331 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £110,599 per sale.