Average Price for property in Edison Avenue, Hornchurch, RM12 is around £327,945 which varies based on type of property you are interested in and ranges from £337,617 for detached house to around £325,042 for semi-detached. Similarly terraced house is around £320,702. Values have been changing and have risen £2,027 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,948 in last 6 months, £28,586 in last 1 year, £57,021 in last 2 years, £55,104 in last 3 years, £59,688 in last 4 years and £56,519 in last 5 years.
Currently average asking price of a property in Edison Avenue, Hornchurch, RM12 is around £311,486 based on approximately 3 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,047 per month.
Estimated property value in Edison Avenue, Hornchurch, RM12 is £327,945. Average asking price is £311,486 while average price paid is £284,665 which is up by £28,586 and Avg. asking rent £1,047.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 Edison Avenue, Hornchurch, RM12 area. In last 1 year alone average price buyer paid is around £284,665 based on approximately 3 sales in Edison Avenue, Hornchurch, RM12 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £298,061. 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 £278,307 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £272,911 per sale.