Values have been changing and have risen £536 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,397 in last 6 months, £16,716 in last 1 year, £21,439 in last 2 years, £28,231 in last 3 years, £26,956 in last 4 years and £27,962 in last 5 years.
Currently average asking price of a property in Stansted Close, Chelmsford, CM1 is around £415,914 based on approximately 3 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £1,223 per month.
Estimated property value in Stansted Close, Chelmsford, CM1 is £197,067. Average asking price is £415,914 while average price paid is £166,666 which is up by £16,716 and Avg. asking rent £1,223.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 Stansted Close, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £166,666 based on approximately 3 sales in Stansted Close, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £159,666. 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 £158,846 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £163,166 per sale.