Average Price for property in Springfield Road, Springfield, Chelmsford, CM2 is around £318,270 which varies based on type of property you are interested in and ranges from £715,074 for detached house to around £336,788 for semi-detached. Similarly terraced house is around £270,799 and a flat is worth £182,392. Values have been changing and have risen £978 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,518 in last 6 months, £22,079 in last 1 year, £34,655 in last 2 years, £45,894 in last 3 years, £40,648 in last 4 years and £43,257 in last 5 years.
Currently average asking price of a property in Springfield Road, Springfield, Chelmsford, CM2 is around £358,736 based on approximately 19 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 Springfield Road, Springfield, Chelmsford, CM2 is £318,270. Average asking price is £358,736 while average price paid is £294,447 which is up by £22,079 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 Springfield Road, Springfield, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £294,447 based on approximately 19 sales in Springfield Road, Springfield, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 37 properties where buyers paid around £282,405. 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 £259,830 for 70 and average amount paid for purchase of approx. 108 properties sold in last 7 years comes to about £241,634 per sale.