Average Price for property in Steamer Terrace, Chelmsford, CM1 is around £242,720 e.g. average price for terraced house is around 242,720. Values have been changing and have risen £687 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,792 in last 6 months, £21,460 in last 1 year, £27,522 in last 2 years, £36,242 in last 3 years, £34,601 in last 4 years and £35,890 in last 5 years.
Currently average asking price of a property in Steamer Terrace, Chelmsford, CM1 is around £415,914 based on approximately 1 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 Steamer Terrace, Chelmsford, CM1 is £242,720. Average asking price is £415,914 while average price paid is £250,000 which is up by £21,460 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 Steamer Terrace, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Steamer Terrace, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £206,125. 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 £205,980 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £205,980 per sale.