Average Price for property in Loftin Way, Chelmsford, CM2 is around £257,680 e.g. average price for semi-detached is around 257,680. Values have been changing and have risen £782 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,814 in last 6 months, £17,676 in last 1 year, £27,744 in last 2 years, £36,742 in last 3 years, £32,544 in last 4 years and £34,633 in last 5 years.
Currently average asking price of a property in Loftin Way, Chelmsford, CM2 is around £358,736 based on approximately 5 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 Loftin Way, Chelmsford, CM2 is £257,680. Average asking price is £358,736 while average price paid is £265,650 which is up by £17,676 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 Loftin Way, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £265,650 based on approximately 5 sales in Loftin Way, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £228,875. 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 £221,632 for 17 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £213,793 per sale.