Elms Farm Road, Hornchurch, RM12

Street Guide For Elms Farm Road, Hornchurch, RM12

 
 

Elms Farm Road, Hornchurch, RM12 Map

Estimated Price: £295,469
Average Asking Price: £311,486
Price change in last one year: £25,757
Average Price Paid: £230,470
Average Rent Rates: £1,047

Ram Estate Agent
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Property Prices Breakdown in Elms Farm Road, Hornchurch, RM12

Average Price for property in Elms Farm Road, Hornchurch, RM12 is around £295,469 which varies based on type of property you are interested in and ranges from £304,889 for semi-detached to around £279,400 for terraced house. Values have been changing and have risen £1,827 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,261 in last 6 months, £25,757 in last 1 year, £51,373 in last 2 years, £49,649 in last 3 years, £53,781 in last 4 years and £50,927 in last 5 years.

Currently average asking price of a property in Elms Farm Road, Hornchurch, RM12 is around £311,486 based on approximately 2 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 Elms Farm Road, Hornchurch, RM12 is £295,469. Average asking price is £311,486 while average price paid is £235,000 which is up by £25,757 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 Elms Farm Road, Hornchurch, RM12 area. In last 1 year alone average price buyer paid is around £235,000 based on approximately 2 sales in Elms Farm Road, Hornchurch, RM12 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £234,545. 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 £230,470 for 17 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £229,736 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £287,940, £323,888 for a 3 bedroom house, £403,214 for a 4 bedroom house and £407,500 for a 5 bedroom house. For a flat similarly the prices varies from £162,500 for a single bedroom to £191,427 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £205,000. To sum up the asking prices for properties in Elms Farm Road, Hornchurch, RM12 it comes to around average £162,500 for 1 bedroom property, £259,790 for 2 bedroom, £317,630 for 3 bedroom, £403,214 for 4 bedroom and £407,500 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,248 for 2 bedroom to £1,324 for 3 bedroom, £1,699 for 4 bedroom and £1,798 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £860. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,148 and £1,049 for 3 bedroom. You should be generally be expecting around average £860 rent per month for single bedroom property, £1,182 for 2 bedroom, £1,278 for 3 bedroom, £1,699 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Elms Farm Road, Hornchurch, RM12 area.

Popular Houses in Elms Farm Road, Hornchurch, RM12

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Transportation in Elms Farm Road, Hornchurch, RM12

Areas in and around Elms Farm Road, Hornchurch, RM12