Average Price for property in Redmayne Drive, Chelmsford, CM2 is around £186,402 which varies based on type of property you are interested in and ranges from £349,536 for detached house to around £248,639 for semi-detached. Similarly terraced house is around £247,032 and a flat is worth £142,595. Values have been changing and have risen £557 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,006 in last 6 months, £12,608 in last 1 year, £19,789 in last 2 years, £26,207 in last 3 years, £23,215 in last 4 years and £24,707 in last 5 years.
Currently average asking price of a property in Redmayne Drive, Chelmsford, CM2 is around £358,736 based on approximately 12 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 Redmayne Drive, Chelmsford, CM2 is £186,402. Average asking price is £358,736 while average price paid is £175,019 which is up by £12,608 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 Redmayne Drive, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £175,019 based on approximately 12 sales in Redmayne Drive, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 24 properties where buyers paid around £170,024. 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 £161,575 for 34 and average amount paid for purchase of approx. 43 properties sold in last 7 years comes to about £155,594 per sale.