Average Price for property in West Avenue, Chelmsford, CM1 is around £185,373 which varies based on type of property you are interested in and ranges from £194,827 for semi-detached to around £176,393 for terraced house. Values have been changing and have risen £530 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,382 in last 6 months, £16,536 in last 1 year, £21,208 in last 2 years, £27,928 in last 3 years, £26,665 in last 4 years and £27,660 in last 5 years.
Currently average asking price of a property in West Avenue, Chelmsford, CM1 is around £415,914 based on approximately 3 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £1,223 per month.
Estimated property value in West Avenue, Chelmsford, CM1 is £185,373. Average asking price is £415,914 while average price paid is £199,166 which is up by £16,536 and Avg. asking rent £1,223.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 West Avenue, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £199,166 based on approximately 3 sales in West Avenue, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £179,443. 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 £170,187 for 12 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £170,367 per sale.