Average Price for property in Upper Bridge Road, Chelmsford, CM2 is around £237,408 which varies based on type of property you are interested in and ranges from £225,799 for detached house to around £308,715 for semi-detached. Similarly terraced house is around £260,579 and a flat is worth £171,106. Values have been changing and have risen £678 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,439 in last 6 months, £15,323 in last 1 year, £24,050 in last 2 years, £31,850 in last 3 years, £28,213 in last 4 years and £30,025 in last 5 years.
Currently average asking price of a property in Upper Bridge Road, Chelmsford, CM2 is around £358,736 based on approximately 18 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 Upper Bridge Road, Chelmsford, CM2 is £237,408. Average asking price is £358,736 while average price paid is £228,060 which is up by £15,323 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 Upper Bridge Road, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £228,060 based on approximately 18 sales in Upper Bridge Road, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 54 properties where buyers paid around £199,390. 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 £196,868 for 79 and average amount paid for purchase of approx. 99 properties sold in last 7 years comes to about £194,475 per sale.