Average Price for property in Lombardy Place, Chelmsford, CM1 is around £229,527 e.g. average price for terraced house is around 229,527. Values have been changing and have risen £650 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,696 in last 6 months, £20,316 in last 1 year, £26,055 in last 2 years, £34,313 in last 3 years, £32,761 in last 4 years and £33,982 in last 5 years.
Currently average asking price of a property in Lombardy Place, Chelmsford, CM1 is around £415,914 based on approximately 0 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 Lombardy Place, Chelmsford, CM1 is £229,527. Average asking price is £415,914 while average price paid is £220,000 which is up by £34,313 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 Lombardy Place, Chelmsford, CM1 area. In last 3 years alone average price buyer paid is around £220,000 based on approximately 1 sales in Lombardy Place, Chelmsford, CM1 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £190,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £190,000 for 2 per sale.