Average Price for property in Carter Drive, Collier Row, Romford, RM5 is around £292,332 which varies based on type of property you are interested in and ranges from £142,163 for detached house to around £295,136 for semi-detached. Similarly terraced house is around £274,261. Values have been changing and have risen £2,672 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,722 in last 6 months, £26,687 in last 1 year, £50,266 in last 2 years, £49,419 in last 3 years, £53,945 in last 4 years and £53,838 in last 5 years.
Currently average asking price of a property in Carter Drive, Collier Row, Romford, RM5 is around £281,530 based on approximately 6 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,889 per month.
Estimated property value in Carter Drive, Collier Row, Romford, RM5 is £292,332. Average asking price is £281,530 while average price paid is £249,665 which is up by £26,687 and Avg. asking rent £1,889.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 Carter Drive, Collier Row, Romford, RM5 area. In last 1 year alone average price buyer paid is around £249,665 based on approximately 6 sales in Carter Drive, Collier Row, Romford, RM5 area alone. If you compare it to last 3 years sales of 24 properties where buyers paid around £253,294. 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 £242,014 for 40 and average amount paid for purchase of approx. 51 properties sold in last 7 years comes to about £234,472 per sale.