Values have been changing and have risen £533 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,918 in last 6 months, £12,042 in last 1 year, £18,902 in last 2 years, £25,032 in last 3 years, £22,172 in last 4 years and £23,596 in last 5 years.
Currently average asking price of a property in Godfreys Mews, Chelmsford, CM2 is around £358,736 based on approximately 6 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 Godfreys Mews, Chelmsford, CM2 is £179,655. Average asking price is £358,736 while average price paid is £142,166 which is up by £12,042 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 Godfreys Mews, Chelmsford, CM2 area. In last 1 year alone average price buyer paid is around £142,166 based on approximately 6 sales in Godfreys Mews, Chelmsford, CM2 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £136,100. 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 £137,317 for 33 and average amount paid for purchase of approx. 43 properties sold in last 7 years comes to about £140,773 per sale.