Average Price for property in Wood Street, Chelmsford, CM2 is around £282,212 which varies based on type of property you are interested in and ranges from £413,672 for detached house to around £332,627 for semi-detached. Similarly terraced house is around £225,651 and a flat is worth £165,733. Values have been changing and have risen £842 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,027 in last 6 months, £19,002 in last 1 year, £29,828 in last 2 years, £39,501 in last 3 years, £34,986 in last 4 years and £37,232 in last 5 years.
Currently average asking price of a property in Wood Street, Chelmsford, CM2 is around £358,736 based on approximately 3 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 Wood Street, Chelmsford, CM2 is £282,212. Average asking price is £358,736 while average price paid is £415,000 which is up by £19,002 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 Wood Street, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £415,000 based on approximately 3 sales in Wood Street, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £273,576. 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 £230,195 for 23 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £214,983 per sale.