Average Price for property in Wharton Drive, Springfield, Chelmsford, CM1 is around £578,779 which varies based on type of property you are interested in and ranges from £632,339 for detached house to around £396,676 for semi-detached. Values have been changing and have risen £1,551 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,046 in last 6 months, £48,480 in last 1 year, £62,167 in last 2 years, £81,865 in last 3 years, £78,152 in last 4 years and £81,057 in last 5 years.
Currently average asking price of a property in Wharton Drive, Springfield, Chelmsford, CM1 is around £415,914 based on approximately 4 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 Wharton Drive, Springfield, Chelmsford, CM1 is £578,779. Average asking price is £415,914 while average price paid is £407,500 which is up by £48,480 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 Wharton Drive, Springfield, Chelmsford, CM1 area. In last 1 year alone average price buyer paid is around £407,500 based on approximately 4 sales in Wharton Drive, Springfield, Chelmsford, CM1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £462,811. 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 £455,433 for 15 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £450,452 per sale.