Average Price for property in Murchison Close, Chelmsford, CM1 is around £177,503 e.g. average price for a flat is around 177,503. Values have been changing and have risen £467 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,218 in last 6 months, £14,562 in last 1 year, £18,678 in last 2 years, £24,597 in last 3 years, £23,484 in last 4 years and £24,359 in last 5 years.
Currently average asking price of a property in Murchison Close, 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 Murchison Close, Chelmsford, CM1 is £177,503. Average asking price is £415,914 while average price paid is £160,000 which is up by £14,562 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 Murchison Close, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £160,000 based on approximately 1 sales in Murchison Close, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £147,500. 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 £129,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £129,333 per sale.