Average Price for property in Melville Heath, South Woodham Ferrers, Chelmsford, CM3 is around £165,028 which varies based on type of property you are interested in and ranges from £283,810 for detached house to around £158,139 for terraced house. Similarly flat is around £132,462. Values have been changing and have risen £185 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £596 in last 6 months, £13,169 in last 1 year, £17,574 in last 2 years, £24,444 in last 3 years, £21,170 in last 4 years and £21,855 in last 5 years.
Currently average asking price of a property in Melville Heath, South Woodham Ferrers, Chelmsford, CM3 is around £519,841 based on approximately 10 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £1,173 per month.
Estimated property value in Melville Heath, South Woodham Ferrers, Chelmsford, CM3 is £165,028. Average asking price is £519,841 while average price paid is £151,899 which is up by £13,169 and Avg. asking rent £1,173.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 Melville Heath, South Woodham Ferrers, Chelmsford, CM3 area. In last 1 year alone average price buyer paid is around £151,899 based on approximately 10 sales in Melville Heath, South Woodham Ferrers, Chelmsford, CM3 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £141,427. 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 £138,266 for 29 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £138,770 per sale.