Values have been changing and have risen £2,100 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,520 in last 6 months, £17,962 in last 1 year, £32,181 in last 2 years, £32,384 in last 3 years, £33,257 in last 4 years and £32,548 in last 5 years.
Currently average asking price of a property in Elm Road, Aveley, South Ockendon, RM15 is around £416,385 based on approximately 3 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £6,424 per month.
Estimated property value in Elm Road, Aveley, South Ockendon, RM15 is £171,065. Average asking price is £416,385 while average price paid is £159,331 which is up by £17,962 and Avg. asking rent £6,424.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 Elm Road, Aveley, South Ockendon, RM15 area. In last 1 year alone average price buyer paid is around £159,331 based on approximately 3 sales in Elm Road, Aveley, South Ockendon, RM15 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £157,399. 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 £156,124 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £156,124 per sale.