Values have been changing and have risen £1,940 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,264 in last 6 months, £19,851 in last 1 year, £38,365 in last 2 years, £38,595 in last 3 years, £41,076 in last 4 years and £37,079 in last 5 years.
Currently average asking price of a property in Aveley Road, Romford, RM1 is around £346,783 based on approximately 2 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,280 per month.
Estimated property value in Aveley Road, Romford, RM1 is £238,837. Average asking price is £346,783 while average price paid is £161,000 which is up by £19,851 and Avg. asking rent £1,280.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 Aveley Road, Romford, RM1 area. In last 1 year alone average price buyer paid is around £161,000 based on approximately 2 sales in Aveley Road, Romford, RM1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £165,142. 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 £162,750 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £174,366 per sale.