Values have been changing and have risen £1,569 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,378 in last 6 months, £22,125 in last 1 year, £44,130 in last 2 years, £42,652 in last 3 years, £46,201 in last 4 years and £43,749 in last 5 years.
Currently average asking price of a property in Franklin 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 Franklin Road, Hornchurch, RM12 is £253,797. Average asking price is £311,486 while average price paid is £222,250 which is up by £22,125 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 Franklin Road, Hornchurch, RM12 area. In last 1 year alone average price buyer paid is around £222,250 based on approximately 2 sales in Franklin Road, Hornchurch, RM12 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £195,666. 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 £198,375 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £212,499 per sale.