Average Price for property in Balgores Lane, Gidea Park, Romford, RM2 is around £476,234 which varies based on type of property you are interested in and ranges from £626,763 for detached house to around £478,310 for semi-detached. Similarly terraced house is around £315,259 and a flat is worth £197,671. Values have been changing and have risen £4,159 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,475 in last 6 months, £46,862 in last 1 year, £86,615 in last 2 years, £86,788 in last 3 years, £89,504 in last 4 years and £87,536 in last 5 years.
Currently average asking price of a property in Balgores Lane, Gidea Park, Romford, RM2 is around £476,725 based on approximately 4 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,312 per month.
Estimated property value in Balgores Lane, Gidea Park, Romford, RM2 is £476,234. Average asking price is £476,725 while average price paid is £335,500 which is up by £46,862 and Avg. asking rent £1,312.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 Balgores Lane, Gidea Park, Romford, RM2 area. In last 1 year alone average price buyer paid is around £335,500 based on approximately 4 sales in Balgores Lane, Gidea Park, Romford, RM2 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £403,636. 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 £385,181 for 22 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £386,446 per sale.