Values have been changing and have risen £2,569 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,976 in last 6 months, £21,975 in last 1 year, £39,370 in last 2 years, £39,618 in last 3 years, £40,686 in last 4 years and £39,816 in last 5 years.
Currently average asking price of a property in Elmdon Road, South Ockendon, RM15 is around £397,209 based on approximately 1 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 Elmdon Road, South Ockendon, RM15 is £222,967. Average asking price is £397,209 while average price paid is £130,000 which is up by £21,975 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 Elmdon Road, South Ockendon, RM15 area. In last 1 year alone average price buyer paid is around £130,000 based on approximately 1 sales in Elmdon Road, South Ockendon, RM15 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £122,811. 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 £125,899 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £133,635 per sale.