Average Price for property in Melbourne Parade, Melbourne Avenue, Chelmsford, CM1 is around £125,951 e.g. average price for a flat is around 125,951. Values have been changing and have risen £343 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £894 in last 6 months, £10,680 in last 1 year, £13,697 in last 2 years, £18,040 in last 3 years, £17,227 in last 4 years and £17,871 in last 5 years.
Currently average asking price of a property in Melbourne Parade, Melbourne Avenue, 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 Melbourne Parade, Melbourne Avenue, Chelmsford, CM1 is £125,951. Average asking price is £415,914 while average price paid is £106,500 which is up by £17,871 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 Melbourne Parade, Melbourne Avenue, Chelmsford, CM1 area. In last 5 years alone average price buyer paid is around £106,500 based on approximately 1 sales in Melbourne Parade, Melbourne Avenue, Chelmsford, CM1 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £106,500.