Average Price for property in Cedric Avenue, Romford, RM1 is around £450,237 which varies based on type of property you are interested in and ranges from £462,201 for detached house to around £448,527 for semi-detached. Values have been changing and have risen £3,979 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,853 in last 6 months, £40,738 in last 1 year, £78,734 in last 2 years, £79,199 in last 3 years, £84,286 in last 4 years and £76,073 in last 5 years.
Currently average asking price of a property in Cedric Avenue, Romford, RM1 is around £346,783 based on approximately 1 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,280 per month.
Estimated property value in Cedric Avenue, Romford, RM1 is £450,237. Average asking price is £346,783 while average price paid is £450,000 which is up by £40,738 and Avg. asking rent £1,280.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 Cedric Avenue, Romford, RM1 area. In last 1 year alone average price buyer paid is around £450,000 based on approximately 1 sales in Cedric Avenue, Romford, RM1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £397,500. 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 £403,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £403,333 per sale.