Average Price for property in Birch Close, Romford, RM7 is around £272,813 which varies based on type of property you are interested in and ranges from £275,601 for semi-detached to around £270,268 for terraced house. Values have been changing and have risen £3,356 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,284 in last 6 months, £26,079 in last 1 year, £49,748 in last 2 years, £50,762 in last 3 years, £52,161 in last 4 years and £52,572 in last 5 years.
Currently average asking price of a property in Birch Close, Romford, RM7 is around £266,393 based on approximately 2 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £1,185 per month.
Estimated property value in Birch Close, Romford, RM7 is £272,813. Average asking price is £266,393 while average price paid is £283,250 which is up by £26,079 and Avg. asking rent £1,185.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 Birch Close, Romford, RM7 area. In last 1 year alone average price buyer paid is around £283,250 based on approximately 2 sales in Birch Close, Romford, RM7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £253,583. 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 £242,062 for 8 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £237,142 per sale.