Average Price for property in New London Road, Chelmsford, CM2 is around £447,913 which varies based on type of property you are interested in and ranges from £601,444 for detached house to around £524,665 for semi-detached. Similarly terraced house is around £500,432 and a flat is worth £268,131. Values have been changing and have risen £1,312 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,718 in last 6 months, £29,606 in last 1 year, £46,469 in last 2 years, £61,537 in last 3 years, £54,500 in last 4 years and £57,998 in last 5 years.
Currently average asking price of a property in New London Road, Chelmsford, CM2 is around £358,736 based on approximately 0 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £1,065 per month.
Estimated property value in New London Road, Chelmsford, CM2 is £447,913. Average asking price is £358,736 while average price paid is £326,449 which is up by £61,537 and Avg. asking rent £1,065.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 New London Road, Chelmsford, CM2 area. In last 3 years alone average price buyer paid is around £326,449 based on approximately 10 sales in New London Road, Chelmsford, CM2 area alone. If you compare it to last 5 years sales of 17 properties where buyers paid around £328,176. 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 £350,160 for 28 per sale.