Values have been changing and have risen £520 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,870 in last 6 months, £11,749 in last 1 year, £18,442 in last 2 years, £24,424 in last 3 years, £21,637 in last 4 years and £23,029 in last 5 years.
Currently average asking price of a property in St. Michaels Walk, Galleywood, Chelmsford, CM2 is around £360,263 based on approximately 0 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 St. Michaels Walk, Galleywood, Chelmsford, CM2 is £170,007. Average asking price is £360,263 while average price paid is £98,000 which is up by £24,424 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 St. Michaels Walk, Galleywood, Chelmsford, CM2 area. In last 3 years alone average price buyer paid is around £98,000 based on approximately 1 sales in St. Michaels Walk, Galleywood, Chelmsford, CM2 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £98,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £145,250 for 2 per sale.