Average Price for property in The Grove, Bicknacre, Chelmsford, CM3 is around £304,374 which varies based on type of property you are interested in and ranges from £297,797 for detached house to around £316,613 for semi-detached. Similarly terraced house is around £299,260. Values have been changing and have risen £324 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,041 in last 6 months, £22,987 in last 1 year, £30,673 in last 2 years, £42,661 in last 3 years, £36,942 in last 4 years and £38,136 in last 5 years.
Currently average asking price of a property in The Grove, Bicknacre, Chelmsford, CM3 is around £521,776 based on approximately 3 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £1,184 per month.
Estimated property value in The Grove, Bicknacre, Chelmsford, CM3 is £304,374. Average asking price is £521,776 while average price paid is £255,500 which is up by £22,987 and Avg. asking rent £1,184.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 Grove, Bicknacre, Chelmsford, CM3 area. In last 1 year alone average price buyer paid is around £255,500 based on approximately 3 sales in The Grove, Bicknacre, Chelmsford, CM3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £244,900. 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 £246,500 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £241,333 per sale.