Average Price for property in George Street, Gidea Park, Romford, RM1 is around £243,596 which varies based on type of property you are interested in and ranges from £418,650 for detached house to around £258,112 for semi-detached. Similarly terraced house is around £252,716 and a flat is worth £199,910. Values have been changing and have risen £1,990 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,425 in last 6 months, £20,366 in last 1 year, £39,361 in last 2 years, £39,595 in last 3 years, £42,140 in last 4 years and £38,041 in last 5 years.
Currently average asking price of a property in George Street, Gidea Park, Romford, RM1 is around £346,783 based on approximately 5 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 George Street, Gidea Park, Romford, RM1 is £243,596. Average asking price is £346,783 while average price paid is £203,700 which is up by £20,366 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 George Street, Gidea Park, Romford, RM1 area. In last 1 year alone average price buyer paid is around £203,700 based on approximately 5 sales in George Street, Gidea Park, Romford, RM1 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £194,720. 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 £192,217 for 31 and average amount paid for purchase of approx. 42 properties sold in last 7 years comes to about £186,647 per sale.