Values have been changing and have risen £1,066 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,489 in last 6 months, £14,651 in last 1 year, £38,902 in last 2 years, £36,778 in last 3 years, £39,272 in last 4 years and £37,988 in last 5 years.
Currently average asking price of a property in Bell Avenue, Romford, RM3 is around £300,639 based on approximately 2 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £2,650 per month.
Estimated property value in Bell Avenue, Romford, RM3 is £223,508. Average asking price is £300,639 while average price paid is £217,500 which is up by £14,651 and Avg. asking rent £2,650.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 Bell Avenue, Romford, RM3 area. In last 1 year alone average price buyer paid is around £217,500 based on approximately 2 sales in Bell Avenue, Romford, RM3 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £169,000. 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 £165,071 for 14 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £167,431 per sale.