Average Price for property in Fairoak Gardens, Romford, RM1 is around £300,943 which varies based on type of property you are interested in and ranges from £309,318 for semi-detached to around £281,405 for terraced house. Values have been changing and have risen £2,526 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,159 in last 6 months, £25,859 in last 1 year, £49,980 in last 2 years, £50,276 in last 3 years, £53,509 in last 4 years and £48,297 in last 5 years.
Currently average asking price of a property in Fairoak Gardens, Romford, RM1 is around £346,783 based on approximately 2 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,280 per month.
Estimated property value in Fairoak Gardens, Romford, RM1 is £300,943. Average asking price is £346,783 while average price paid is £247,497 which is up by £25,859 and Avg. asking rent £1,280.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 Fairoak Gardens, Romford, RM1 area. In last 1 year alone average price buyer paid is around £247,497 based on approximately 2 sales in Fairoak Gardens, Romford, RM1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £247,497. 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 £247,998 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £247,998 per sale.