Values have been changing and have risen £2,737 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,496 in last 6 months, £23,407 in last 1 year, £41,936 in last 2 years, £42,198 in last 3 years, £43,334 in last 4 years and £42,407 in last 5 years.
Currently average asking price of a property in Cavendish Gardens, Aveley, South Ockendon, RM15 is around £416,385 based on approximately 2 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £6,424 per month.
Estimated property value in Cavendish Gardens, Aveley, South Ockendon, RM15 is £222,935. Average asking price is £416,385 while average price paid is £175,000 which is up by £23,407 and Avg. asking rent £6,424.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 Cavendish Gardens, Aveley, South Ockendon, RM15 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 2 sales in Cavendish Gardens, Aveley, South Ockendon, RM15 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £208,300. 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 £210,750 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £195,561 per sale.