Values have been changing and have risen £506 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,822 in last 6 months, £11,447 in last 1 year, £17,970 in last 2 years, £23,797 in last 3 years, £21,082 in last 4 years and £22,437 in last 5 years.
Currently average asking price of a property in West Lawn, Galleywood, Chelmsford, CM2 is around £360,263 based on approximately 2 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £1,068 per month.
Estimated property value in West Lawn, Galleywood, Chelmsford, CM2 is £173,422. Average asking price is £360,263 while average price paid is £167,500 which is up by £11,447 and Avg. asking rent £1,068.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 Lawn, Galleywood, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £167,500 based on approximately 2 sales in West Lawn, Galleywood, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £135,500. 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 £143,000 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £143,000 per sale.