Average Price for property in Marconi Plaza, Chelmsford, CM1 is around £264,863 e.g. average price for a flat is around 264,863. Values have been changing and have risen £707 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,843 in last 6 months, £22,063 in last 1 year, £28,296 in last 2 years, £37,262 in last 3 years, £35,575 in last 4 years and £36,899 in last 5 years.
Currently average asking price of a property in Marconi Plaza, Chelmsford, CM1 is around £415,914 based on approximately 12 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 Marconi Plaza, Chelmsford, CM1 is £264,863. Average asking price is £415,914 while average price paid is £209,041 which is up by £22,063 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 Marconi Plaza, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £209,041 based on approximately 12 sales in Marconi Plaza, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £217,499. 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 £210,642 for 28 and average amount paid for purchase of approx. 100 properties sold in last 7 years comes to about £221,807 per sale.