Average Price for property in Mendip Road, Chelmsford, CM1 is around £202,181 which varies based on type of property you are interested in and ranges from £206,755 for semi-detached to around £200,180 for terraced house. Values have been changing and have risen £556 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,448 in last 6 months, £17,325 in last 1 year, £22,220 in last 2 years, £29,261 in last 3 years, £27,939 in last 4 years and £28,982 in last 5 years.
Currently average asking price of a property in Mendip Road, Chelmsford, CM1 is around £415,914 based on approximately 1 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 Mendip Road, Chelmsford, CM1 is £202,181. Average asking price is £415,914 while average price paid is £175,000 which is up by £17,325 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 Mendip Road, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 1 sales in Mendip Road, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £174,300. 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 £169,000 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £166,800 per sale.