Average Price for property in The Cedars, Chelmsford, CM2 is around £597,885 e.g. average price for detached house is around 597,885. Values have been changing and have risen £1,792 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,443 in last 6 months, £40,417 in last 1 year, £63,436 in last 2 years, £84,006 in last 3 years, £74,395 in last 4 years and £79,167 in last 5 years.
Currently average asking price of a property in The Cedars, Chelmsford, CM2 is around £358,736 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 £1,065 per month.
Estimated property value in The Cedars, Chelmsford, CM2 is £597,885. Average asking price is £358,736 while average price paid is £495,000 which is up by £84,006 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 The Cedars, Chelmsford, CM2 area. In last 3 years alone average price buyer paid is around £495,000 based on approximately 1 sales in The Cedars, Chelmsford, CM2 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £527,500. 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 £508,333 for 3 per sale.