Average Price for property in Hamlet Close, Romford, RM5 is around £379,744 which varies based on type of property you are interested in and ranges from £391,968 for detached house to around £330,852 for semi-detached. Similarly terraced house is around £453,366. Values have been changing and have risen £3,550 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,591 in last 6 months, £35,467 in last 1 year, £66,802 in last 2 years, £65,675 in last 3 years, £71,688 in last 4 years and £71,544 in last 5 years.
Currently average asking price of a property in Hamlet Close, Romford, RM5 is around £281,369 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,755 per month.
Estimated property value in Hamlet Close, Romford, RM5 is £379,744. Average asking price is £281,369 while average price paid is £390,000 which is up by £35,467 and Avg. asking rent £1,755.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 Hamlet Close, Romford, RM5 area. In last 1 year alone average price buyer paid is around £390,000 based on approximately 1 sales in Hamlet Close, Romford, RM5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £382,500. 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 £382,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £382,500 per sale.