Average Price for property in Blacksmiths Close, Chadwell Heath, Romford, RM6 is around £137,370 e.g. average price for a flat is around 137,370. Values have been changing and have risen £1,515 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,934 in last 6 months, £12,343 in last 1 year, £23,545 in last 2 years, £24,577 in last 3 years, £26,024 in last 4 years and £24,415 in last 5 years.
Currently average asking price of a property in Blacksmiths Close, Chadwell Heath, Romford, RM6 is around £250,137 based on approximately 3 properties for sale. Same is the case with rental options based on 104 properties up for rent, average asking rent is around £1,182 per month.
Estimated property value in Blacksmiths Close, Chadwell Heath, Romford, RM6 is £137,370. Average asking price is £250,137 while average price paid is £98,500 which is up by £12,343 and Avg. asking rent £1,182.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 Blacksmiths Close, Chadwell Heath, Romford, RM6 area. In last 1 year alone average price buyer paid is around £98,500 based on approximately 3 sales in Blacksmiths Close, Chadwell Heath, Romford, RM6 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £107,375. 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 £99,700 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £111,277 per sale.