Average Price for property in Wallace Crescent, Chelmsford, CM2 is around £294,551 which varies based on type of property you are interested in and ranges from £308,978 for detached house to around £283,199 for semi-detached. Similarly terraced house is around £264,959. Values have been changing and have risen £864 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,104 in last 6 months, £19,481 in last 1 year, £30,578 in last 2 years, £40,497 in last 3 years, £35,869 in last 4 years and £38,172 in last 5 years.
Currently average asking price of a property in Wallace Crescent, 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 Wallace Crescent, Chelmsford, CM2 is £294,551. Average asking price is £358,736 while average price paid is £220,600 which is up by £40,497 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 Wallace Crescent, Chelmsford, CM2 area. In last 3 years alone average price buyer paid is around £220,600 based on approximately 4 sales in Wallace Crescent, Chelmsford, CM2 area alone. If you compare it to last 5 years sales of 10 properties where buyers paid around £240,504. 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 £235,586 for 12 per sale.