Average Price for property in Rectory Lane, Chelmsford, CM1 is around £231,680 which varies based on type of property you are interested in and ranges from £312,319 for detached house to around £232,489 for semi-detached. Similarly terraced house is around £229,120 and a flat is worth £176,719. Values have been changing and have risen £652 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,700 in last 6 months, £20,351 in last 1 year, £26,099 in last 2 years, £34,371 in last 3 years, £32,817 in last 4 years and £34,039 in last 5 years.
Currently average asking price of a property in Rectory Lane, Chelmsford, CM1 is around £415,914 based on approximately 4 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 Rectory Lane, Chelmsford, CM1 is £231,680. Average asking price is £415,914 while average price paid is £242,000 which is up by £20,351 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 Rectory Lane, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £242,000 based on approximately 4 sales in Rectory Lane, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £202,479. 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 £201,673 for 23 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £201,604 per sale.