Average Price for property in Mersey Way, Chelmsford, CM1 is around £201,939 which varies based on type of property you are interested in and ranges from £218,939 for semi-detached to around £193,438 for terraced house. Values have been changing and have risen £574 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,497 in last 6 months, £17,912 in last 1 year, £22,971 in last 2 years, £30,250 in last 3 years, £28,882 in last 4 years and £29,960 in last 5 years.
Currently average asking price of a property in Mersey Way, 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 Mersey Way, Chelmsford, CM1 is £201,939. Average asking price is £415,914 while average price paid is £163,000 which is up by £30,250 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 Mersey Way, Chelmsford, CM1 area. In last 3 years alone average price buyer paid is around £163,000 based on approximately 2 sales in Mersey Way, Chelmsford, CM1 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £165,333. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £163,750 for 4 per sale.