Values have been changing and have risen £636 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,660 in last 6 months, £19,865 in last 1 year, £25,476 in last 2 years, £33,549 in last 3 years, £32,032 in last 4 years and £33,226 in last 5 years.
Currently average asking price of a property in Parkinson Drive, Chelmsford, CM1 is around £415,914 based on approximately 19 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 Parkinson Drive, Chelmsford, CM1 is £221,532. Average asking price is £415,914 while average price paid is £161,447 which is up by £19,865 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 Parkinson Drive, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £161,447 based on approximately 19 sales in Parkinson Drive, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 42 properties where buyers paid around £158,106. 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 £170,965 for 73 and average amount paid for purchase of approx. 101 properties sold in last 7 years comes to about £168,459 per sale.