Average Price for property in Ranks Green, Fairstead, Chelmsford, CM3 is around £402,069 which varies based on type of property you are interested in and ranges from £490,524 for detached house to around £343,100 for semi-detached. Values have been changing and have risen £431 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,386 in last 6 months, £30,635 in last 1 year, £40,877 in last 2 years, £56,852 in last 3 years, £49,228 in last 4 years and £50,819 in last 5 years.
Currently average asking price of a property in Ranks Green, Fairstead, Chelmsford, CM3 is around £519,841 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,164 per month.
Estimated property value in Ranks Green, Fairstead, Chelmsford, CM3 is £402,069. Average asking price is £519,841 while average price paid is £320,000 which is up by £30,635 and Avg. asking rent £1,164.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 Ranks Green, Fairstead, Chelmsford, CM3 area. In last 1 year alone average price buyer paid is around £320,000 based on approximately 1 sales in Ranks Green, Fairstead, Chelmsford, CM3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £292,500. 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 £360,000 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £321,625 per sale.