Average Price for property in Lupin Drive, Springfield, Chelmsford, CM1 is around £164,342 which varies based on type of property you are interested in and ranges from £212,651 for detached house to around £249,414 for semi-detached. Similarly terraced house is around £223,223 and a flat is worth £136,406. Values have been changing and have risen £433 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,129 in last 6 months, £13,491 in last 1 year, £17,303 in last 2 years, £22,785 in last 3 years, £21,757 in last 4 years and £22,568 in last 5 years.
Currently average asking price of a property in Lupin Drive, Springfield, Chelmsford, CM1 is around £415,914 based on approximately 5 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 Lupin Drive, Springfield, Chelmsford, CM1 is £164,342. Average asking price is £415,914 while average price paid is £111,050 which is up by £13,491 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 Lupin Drive, Springfield, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £111,050 based on approximately 5 sales in Lupin Drive, Springfield, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £114,472. 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 £122,463 for 43 and average amount paid for purchase of approx. 56 properties sold in last 7 years comes to about £122,444 per sale.