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.