Average Price for property in Kennet Way, Chelmsford, CM1 is around £209,991 which varies based on type of property you are interested in and ranges from £205,650 for semi-detached to around £215,198 for terraced house. Values have been changing and have risen £592 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,544 in last 6 months, £18,459 in last 1 year, £23,673 in last 2 years, £31,174 in last 3 years, £29,764 in last 4 years and £30,873 in last 5 years.
Currently average asking price of a property in Kennet Way, Chelmsford, CM1 is around £415,914 based on approximately 1 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 Kennet Way, Chelmsford, CM1 is £209,991. Average asking price is £415,914 while average price paid is £228,000 which is up by £18,459 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 Kennet Way, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £228,000 based on approximately 1 sales in Kennet Way, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £186,750. 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 £175,400 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £187,833 per sale.