Average Price for property in Cornell Way, Collier Row, Romford, RM5 is around £292,064 which varies based on type of property you are interested in and ranges from £289,868 for semi-detached to around £292,797 for terraced house. Values have been changing and have risen £2,728 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,907 in last 6 months, £27,254 in last 1 year, £51,334 in last 2 years, £50,471 in last 3 years, £55,092 in last 4 years and £54,982 in last 5 years.
Currently average asking price of a property in Cornell Way, Collier Row, Romford, RM5 is around £281,530 based on approximately 2 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 Cornell Way, Collier Row, Romford, RM5 is £292,064. Average asking price is £281,530 while average price paid is £264,500 which is up by £27,254 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 Cornell Way, Collier Row, Romford, RM5 area. In last 1 year alone average price buyer paid is around £264,500 based on approximately 2 sales in Cornell Way, Collier Row, Romford, RM5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £242,428. 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 £233,000 for 9 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £229,700 per sale.