Values have been changing and have risen £3,366 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,524 in last 6 months, £32,327 in last 1 year, £61,148 in last 2 years, £63,652 in last 3 years, £65,463 in last 4 years and £63,021 in last 5 years.
Currently average asking price of a property in Cecil Avenue, Hornchurch, RM11 is around £661,560 based on approximately 2 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,394 per month.
Estimated property value in Cecil Avenue, Hornchurch, RM11 is £353,316. Average asking price is £661,560 while average price paid is £340,000 which is up by £32,327 and Avg. asking rent £1,394.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 Cecil Avenue, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £340,000 based on approximately 2 sales in Cecil Avenue, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £313,454. 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 £304,263 for 19 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £291,750 per sale.