Values have been changing and have risen £2,029 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,218 in last 6 months, £15,770 in last 1 year, £30,083 in last 2 years, £30,698 in last 3 years, £31,545 in last 4 years and £31,794 in last 5 years.
Currently average asking price of a property in Braithwaite Avenue, Romford, RM7 is around £266,393 based on approximately 3 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 Braithwaite Avenue, Romford, RM7 is £165,847. Average asking price is £266,393 while average price paid is £113,666 which is up by £15,770 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 Braithwaite Avenue, Romford, RM7 area. In last 1 year alone average price buyer paid is around £113,666 based on approximately 3 sales in Braithwaite Avenue, Romford, RM7 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £141,203. 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 £139,253 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £142,161 per sale.