Values have been changing and have risen £2,223 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,902 in last 6 months, £19,016 in last 1 year, £34,072 in last 2 years, £34,286 in last 3 years, £35,209 in last 4 years and £34,456 in last 5 years.
Currently average asking price of a property in Broxburn Drive, South Ockendon, RM15 is around £397,209 based on approximately 9 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £5,783 per month.
Estimated property value in Broxburn Drive, South Ockendon, RM15 is £188,108. Average asking price is £397,209 while average price paid is £143,777 which is up by £19,016 and Avg. asking rent £5,783.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 Broxburn Drive, South Ockendon, RM15 area. In last 1 year alone average price buyer paid is around £143,777 based on approximately 9 sales in Broxburn Drive, South Ockendon, RM15 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £136,500. 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 £134,171 for 32 and average amount paid for purchase of approx. 47 properties sold in last 7 years comes to about £137,808 per sale.