Average Price for property in Grosvenor Drive, Hornchurch, RM11 is around £357,924 which varies based on type of property you are interested in and ranges from £395,036 for detached house to around £374,100 for semi-detached. Similarly terraced house is around £320,418. Values have been changing and have risen £3,409 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,673 in last 6 months, £32,747 in last 1 year, £61,946 in last 2 years, £64,482 in last 3 years, £66,316 in last 4 years and £63,839 in last 5 years.
Currently average asking price of a property in Grosvenor Drive, Hornchurch, RM11 is around £661,560 based on approximately 4 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,394 per month.
Estimated property value in Grosvenor Drive, Hornchurch, RM11 is £357,924. Average asking price is £661,560 while average price paid is £378,750 which is up by £32,747 and Avg. asking rent £1,394.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 Grosvenor Drive, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £378,750 based on approximately 4 sales in Grosvenor Drive, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £316,999. 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 £294,628 for 26 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £291,440 per sale.