Average Price for property in Erith Crescent, Collier Row, Romford, RM5 is around £197,161 which varies based on type of property you are interested in and ranges from £196,807 for detached house to around £235,955 for semi-detached. Similarly terraced house is around £239,196 and a flat is worth £186,974. Values have been changing and have risen £1,712 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,589 in last 6 months, £17,099 in last 1 year, £32,206 in last 2 years, £31,665 in last 3 years, £34,568 in last 4 years and £34,503 in last 5 years.
Currently average asking price of a property in Erith Crescent, Collier Row, Romford, RM5 is around £281,530 based on approximately 5 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,889 per month.
Estimated property value in Erith Crescent, Collier Row, Romford, RM5 is £197,161. Average asking price is £281,530 while average price paid is £185,100 which is up by £17,099 and Avg. asking rent £1,889.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 Erith Crescent, Collier Row, Romford, RM5 area. In last 1 year alone average price buyer paid is around £185,100 based on approximately 5 sales in Erith Crescent, Collier Row, Romford, RM5 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £165,115. 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 £161,382 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £162,214 per sale.