Average Price for property in Bower Close, Romford, RM5 is around £288,075 which varies based on type of property you are interested in and ranges from £290,386 for semi-detached to around £255,706 for terraced house. Values have been changing and have risen £2,634 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,599 in last 6 months, £26,311 in last 1 year, £49,560 in last 2 years, £48,725 in last 3 years, £53,188 in last 4 years and £53,082 in last 5 years.
Currently average asking price of a property in Bower Close, Romford, RM5 is around £281,369 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,755 per month.
Estimated property value in Bower Close, Romford, RM5 is £288,075. Average asking price is £281,369 while average price paid is £269,999 which is up by £26,311 and Avg. asking rent £1,755.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 Bower Close, Romford, RM5 area. In last 1 year alone average price buyer paid is around £269,999 based on approximately 1 sales in Bower Close, Romford, RM5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £250,833. 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 £241,874 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £243,499 per sale.