Average Price for property in Elmhurst Drive, Hornchurch, RM11 is around £438,141 which varies based on type of property you are interested in and ranges from £451,591 for detached house to around £458,586 for semi-detached. Similarly terraced house is around £325,768. Values have been changing and have risen £4,173 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,290 in last 6 months, £40,087 in last 1 year, £75,829 in last 2 years, £78,932 in last 3 years, £81,175 in last 4 years and £78,145 in last 5 years.
Currently average asking price of a property in Elmhurst Drive, Hornchurch, RM11 is around £661,560 based on approximately 5 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,394 per month.
Estimated property value in Elmhurst Drive, Hornchurch, RM11 is £438,141. Average asking price is £661,560 while average price paid is £359,500 which is up by £40,087 and Avg. asking rent £1,394.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 Elmhurst Drive, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £359,500 based on approximately 5 sales in Elmhurst Drive, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £351,750. 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 £352,624 for 20 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £344,695 per sale.