Average Price for property in Burns Avenue, Chadwell Heath, Romford, RM6 is around £166,240 which varies based on type of property you are interested in and ranges from £183,595 for terraced house to around £165,923 for a flat. Values have been changing and have risen £1,874 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,105 in last 6 months, £15,273 in last 1 year, £29,138 in last 2 years, £30,416 in last 3 years, £32,206 in last 4 years and £30,212 in last 5 years.
Currently average asking price of a property in Burns Avenue, Chadwell Heath, Romford, RM6 is around £250,137 based on approximately 1 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 Burns Avenue, Chadwell Heath, Romford, RM6 is £166,240. Average asking price is £250,137 while average price paid is £141,000 which is up by £15,273 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 Burns Avenue, Chadwell Heath, Romford, RM6 area. In last 1 year alone average price buyer paid is around £141,000 based on approximately 1 sales in Burns Avenue, Chadwell Heath, Romford, RM6 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £122,000. 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 £123,766 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £124,750 per sale.