Values have been changing and have risen £2,598 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,068 in last 6 months, £22,229 in last 1 year, £39,828 in last 2 years, £40,077 in last 3 years, £41,156 in last 4 years and £40,276 in last 5 years.
Currently average asking price of a property in Darenth Lane, South Ockendon, RM15 is around £397,209 based on approximately 2 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £5,783 per month.
Estimated property value in Darenth Lane, South Ockendon, RM15 is £225,211. Average asking price is £397,209 while average price paid is £197,500 which is up by £22,229 and Avg. asking rent £5,783.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 Darenth Lane, South Ockendon, RM15 area. In last 1 year alone average price buyer paid is around £197,500 based on approximately 2 sales in Darenth Lane, South Ockendon, RM15 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £166,266. 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 £166,266 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £166,266 per sale.