School Lane, Great Leighs, Chelmsford, CM3

Street Guide For School Lane, Great Leighs, Chelmsford, CM3

 

School Lane, Great Leighs, Chelmsford, CM3 Map

Estimated Price: £501,957
Average Asking Price: £519,841
Price change in last one year: £38,304
Average Price Paid: £319,571
Average Rent Rates: £1,164

 

Property Prices Breakdown in School Lane, Great Leighs, Chelmsford, CM3

Average Price for property in School Lane, Great Leighs, Chelmsford, CM3 is around £501,957 which varies based on type of property you are interested in and ranges from £605,199 for detached house to around £460,618 for semi-detached. Similarly terraced house is around £382,221. Values have been changing and have risen £538 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,732 in last 6 months, £38,304 in last 1 year, £51,110 in last 2 years, £71,088 in last 3 years, £61,553 in last 4 years and £63,539 in last 5 years.

Currently average asking price of a property in School Lane, Great Leighs, Chelmsford, CM3 is around £519,841 based on approximately 2 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 School Lane, Great Leighs, Chelmsford, CM3 is £501,957. Average asking price is £519,841 while average price paid is £432,500 which is up by £38,304 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 School Lane, Great Leighs, Chelmsford, CM3 area. In last 1 year alone average price buyer paid is around £432,500 based on approximately 2 sales in School Lane, Great Leighs, Chelmsford, CM3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £317,833. 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 £319,571 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £336,333 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 £182,991, £290,650 for a 2 bedroom house, £368,276 for a 3 bedroom house, £546,800 for a 4 bedroom house and £711,109 for a 5 bedroom house. For a flat similarly the prices varies from £123,954 for a single bedroom to £155,857 for a 2 bedroom Flat. To sum up the asking prices for properties in School Lane, Great Leighs, Chelmsford, CM3 it comes to around average £144,790 for 1 bedroom property, £255,704 for 2 bedroom, £368,276 for 3 bedroom, £546,800 for 4 bedroom and £711,109 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 £652 for 1 bedroom to £952 for 2 bedroom, £1,049 for 3 bedroom and £1,598 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £663. You should be generally be expecting around average £656 rent per month for single bedroom property, £952 for 2 bedroom, £1,048 for 3 bedroom and approximately £1,598 for 4 bedroom property in School Lane, Great Leighs, Chelmsford, CM3 area.

Popular Houses in School Lane, Great Leighs, Chelmsford, CM3

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 School Lane, Great Leighs, Chelmsford, CM3