Average Price for property in Montfort Drive, Great Baddow, Chelmsford, CM2 is around £261,000 which varies based on type of property you are interested in and ranges from £415,293 for detached house to around £417,759 for semi-detached. Similarly flat is around £222,222. Values have been changing and have risen £768 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,760 in last 6 months, £17,333 in last 1 year, £27,205 in last 2 years, £36,030 in last 3 years, £31,912 in last 4 years and £33,962 in last 5 years.
Currently average asking price of a property in Montfort Drive, Great Baddow, Chelmsford, CM2 is around £360,263 based on approximately 3 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £1,068 per month.
Estimated property value in Montfort Drive, Great Baddow, Chelmsford, CM2 is £261,000. Average asking price is £360,263 while average price paid is £225,666 which is up by £17,333 and Avg. asking rent £1,068.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 Montfort Drive, Great Baddow, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £225,666 based on approximately 3 sales in Montfort Drive, Great Baddow, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 32 properties where buyers paid around £253,781. 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 £240,166 for 45 and average amount paid for purchase of approx. 45 properties sold in last 7 years comes to about £240,166 per sale.