Riffhams Drive, Great Baddow, Chelmsford, CM2

Street Guide For Riffhams Drive, Great Baddow, Chelmsford, CM2

 
 

Riffhams Drive, Great Baddow, Chelmsford, CM2 Map

Estimated Price: £402,459
Average Asking Price: £360,263
Price change in last one year: £26,130
Average Price Paid: £274,500
Average Rent Rates: £1,068

Hamilton piers
7 The Square, Great Notley, Essex CM77 7WT, United Kingdom

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Property Prices Breakdown in Riffhams Drive, Great Baddow, Chelmsford, CM2

Average Price for property in Riffhams Drive, Great Baddow, Chelmsford, CM2 is around £402,459 which varies based on type of property you are interested in and ranges from £434,047 for detached house to around £398,579 for semi-detached. Similarly terraced house is around £354,534. Values have been changing and have risen £1,158 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,164 in last 6 months, £26,130 in last 1 year, £41,013 in last 2 years, £54,311 in last 3 years, £48,102 in last 4 years and £51,189 in last 5 years.

Currently average asking price of a property in Riffhams Drive, Great Baddow, Chelmsford, CM2 is around £360,263 based on approximately 1 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £1,068 per month.

Estimated property value in Riffhams Drive, Great Baddow, Chelmsford, CM2 is £402,459. Average asking price is £360,263 while average price paid is £300,000 which is up by £26,130 and Avg. asking rent £1,068.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 Riffhams Drive, Great Baddow, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £300,000 based on approximately 1 sales in Riffhams Drive, Great Baddow, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £301,875. 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 £274,500 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £264,374 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £125,000, £244,468 for a 2 bedroom house, £347,275 for a 3 bedroom house, £478,103 for a 4 bedroom house and £749,059 for a 5 bedroom house. For a flat similarly the prices varies from £149,183 for a single bedroom to £205,758 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £277,500. To sum up the asking prices for properties in Riffhams Drive, Great Baddow, Chelmsford, CM2 it comes to around average £146,496 for 1 bedroom property, £216,574 for 2 bedroom, £343,603 for 3 bedroom, £478,103 for 4 bedroom and £749,059 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £639 for 1 bedroom to £915 for 2 bedroom, £1,183 for 3 bedroom and £1,534 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £860. You should be generally be expecting around average £645 rent per month for single bedroom property, £886 for 2 bedroom, £1,183 for 3 bedroom and approximately £1,534 for 4 bedroom property in Riffhams Drive, Great Baddow, Chelmsford, CM2 area.

Popular Houses in Riffhams Drive, Great Baddow, Chelmsford, CM2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Riffhams Drive, Great Baddow, Chelmsford, CM2