Values have been changing and have risen £530 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,383 in last 6 months, £16,550 in last 1 year, £21,225 in last 2 years, £27,951 in last 3 years, £26,688 in last 4 years and £27,683 in last 5 years.
Currently average asking price of a property in Tamar Rise, 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 Tamar Rise, Chelmsford, CM1 is £197,406. Average asking price is £415,914 while average price paid is £240,000 which is up by £16,550 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 Tamar Rise, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 1 sales in Tamar Rise, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £146,650. 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 £143,906 for 16 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £151,200 per sale.