Average Price for property in Norfolk Drive, Broomfield, Chelmsford, CM1 is around £246,379 which varies based on type of property you are interested in and ranges from £229,146 for detached house to around £214,579 for semi-detached. Similarly terraced house is around £262,546. Values have been changing and have risen £694 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,812 in last 6 months, £21,700 in last 1 year, £27,830 in last 2 years, £36,648 in last 3 years, £34,988 in last 4 years and £36,290 in last 5 years.
Currently average asking price of a property in Norfolk Drive, Broomfield, 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 Norfolk Drive, Broomfield, Chelmsford, CM1 is £246,379. Average asking price is £415,914 while average price paid is £191,725 which is up by £36,648 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 Norfolk Drive, Broomfield, Chelmsford, CM1 area. In last 3 years alone average price buyer paid is around £191,725 based on approximately 2 sales in Norfolk Drive, Broomfield, Chelmsford, CM1 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £193,689. 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 £198,277 for 7 per sale.