Average Price for property in Pennine Road, Chelmsford, CM1 is around £204,031 which varies based on type of property you are interested in and ranges from £199,801 for semi-detached to around £207,838 for terraced house. Values have been changing and have risen £563 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,467 in last 6 months, £17,550 in last 1 year, £22,508 in last 2 years, £29,641 in last 3 years, £28,302 in last 4 years and £29,357 in last 5 years.
Currently average asking price of a property in Pennine Road, 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 Pennine Road, Chelmsford, CM1 is £204,031. Average asking price is £415,914 while average price paid is £187,500 which is up by £17,550 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 Pennine Road, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £187,500 based on approximately 1 sales in Pennine Road, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £188,747. 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 £187,665 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £177,623 per sale.