Fairholme Avenue, Gidea Park, Romford, RM2

Street Guide For Fairholme Avenue, Gidea Park, Romford, RM2

 
 

Fairholme Avenue, Gidea Park, Romford, RM2 Map

Estimated Price: £466,802
Average Asking Price: £476,725
Price change in last one year: £45,739
Average Price Paid: £351,541
Average Rent Rates: £1,312

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

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Property Prices Breakdown in Fairholme Avenue, Gidea Park, Romford, RM2

Average Price for property in Fairholme Avenue, Gidea Park, Romford, RM2 is around £466,802 which varies based on type of property you are interested in and ranges from £450,570 for detached house to around £480,387 for semi-detached. Similarly terraced house is around £448,140 and a flat is worth £214,939. Values have been changing and have risen £4,059 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,175 in last 6 months, £45,739 in last 1 year, £84,542 in last 2 years, £84,712 in last 3 years, £87,363 in last 4 years and £85,442 in last 5 years.

Currently average asking price of a property in Fairholme Avenue, Gidea Park, Romford, RM2 is around £476,725 based on approximately 3 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,312 per month.

Estimated property value in Fairholme Avenue, Gidea Park, Romford, RM2 is £466,802. Average asking price is £476,725 while average price paid is £296,666 which is up by £45,739 and Avg. asking rent £1,312.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 Fairholme Avenue, Gidea Park, Romford, RM2 area. In last 1 year alone average price buyer paid is around £296,666 based on approximately 3 sales in Fairholme Avenue, Gidea Park, Romford, RM2 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £342,812. 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 £351,541 for 12 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £330,273 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 £362,500, £402,750 for a 3 bedroom house, £654,643 for a 4 bedroom house and £885,000 for a 5 bedroom house. For a flat similarly the prices varies from £167,500 for a single bedroom to £243,383 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £550,000. To sum up the asking prices for properties in Fairholme Avenue, Gidea Park, Romford, RM2 it comes to around average £167,500 for 1 bedroom property, £265,041 for 2 bedroom, £419,111 for 3 bedroom, £654,643 for 4 bedroom and £885,000 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 £802 for 1 bedroom to £1,101 for 2 bedrooms, £1,400 for 3 bedrooms, £2,074 for 4 bedrooms and £2,350 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £849. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,037 and £1,200 for 3 bedroom. You should be generally be expecting around average £842 rent per month for single bedroom property, £1,046 for 2 bedroom, £1,300 for 3 bedroom, £2,074 for 4 bedroom and approximately £2,350 for a 5 bedroom property in Fairholme Avenue, Gidea Park, Romford, RM2 area.

Popular Houses in Fairholme Avenue, Gidea Park, Romford, RM2

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.

Areas in and around Fairholme Avenue, Gidea Park, Romford, RM2