Weight Road, Chelmsford, CM2

Street Guide For Weight Road, Chelmsford, CM2

 
 

Weight Road, Chelmsford, CM2 Map

Estimated Price: £293,826
Average Asking Price: £358,736
Price change in last one year: £18,890
Average Price Paid: £239,645
Average Rent Rates: £1,065

Hamilton piers
7 The Square, Great Notley, Essex CM77 7WT, United Kingdom

Free House valuation

 

Property Prices Breakdown in Weight Road, Chelmsford, CM2

Average Price for property in Weight Road, Chelmsford, CM2 is around £293,826 which varies based on type of property you are interested in and ranges from £279,721 for semi-detached to around £295,750 for terraced house. Values have been changing and have risen £837 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,010 in last 6 months, £18,890 in last 1 year, £29,651 in last 2 years, £39,268 in last 3 years, £34,781 in last 4 years and £37,013 in last 5 years.

Currently average asking price of a property in Weight Road, Chelmsford, CM2 is around £358,736 based on approximately 4 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 Weight Road, Chelmsford, CM2 is £293,826. Average asking price is £358,736 while average price paid is £249,050 which is up by £18,890 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 Weight Road, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £249,050 based on approximately 4 sales in Weight Road, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £239,366. 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 £239,645 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £235,625 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £125,000, £244,468 for a 2 bedroom house, £326,876 for a 3 bedroom house, £473,703 for a 4 bedroom house and £792,303 for a 5 bedroom house. For a flat similarly the prices varies from £149,391 for a single bedroom to £205,190 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £277,500. To sum up the asking prices for properties in Weight Road, Chelmsford, CM2 it comes to around average £146,681 for 1 bedroom property, £216,329 for 2 bedroom, £324,054 for 3 bedroom, £473,703 for 4 bedroom and £792,303 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £639 for 1 bedroom to £915 for 2 bedroom, £1,183 for 3 bedroom and £1,534 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £858. You should be generally be expecting around average £645 rent per month for single bedroom property, £883 for 2 bedroom, £1,183 for 3 bedroom and approximately £1,534 for 4 bedroom property in Weight Road, Chelmsford, CM2 area.

Popular Houses in Weight Road, Chelmsford, CM2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Weight Road, Chelmsford, CM2