Average Price for property in Palmers Croft, Chelmsford, CM2 is around £350,259 which varies based on type of property you are interested in and ranges from £424,045 for detached house to around £316,803 for semi-detached. Similarly terraced house is around £221,384. Values have been changing and have risen £1,016 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,656 in last 6 months, £22,948 in last 1 year, £36,021 in last 2 years, £47,701 in last 3 years, £42,247 in last 4 years and £44,960 in last 5 years.
Currently average asking price of a property in Palmers Croft, Chelmsford, CM2 is around £358,736 based on approximately 2 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 Palmers Croft, Chelmsford, CM2 is £350,259. Average asking price is £358,736 while average price paid is £308,750 which is up by £22,948 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 Palmers Croft, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £308,750 based on approximately 2 sales in Palmers Croft, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £246,750. 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 £254,166 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £258,541 per sale.