Average Price for property in Havering Road, Romford, RM1 is around £312,342 which varies based on type of property you are interested in and ranges from £420,415 for detached house to around £325,998 for semi-detached. Similarly terraced house is around £283,635 and a flat is worth £154,248. Values have been changing and have risen £2,618 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,455 in last 6 months, £26,801 in last 1 year, £51,802 in last 2 years, £52,110 in last 3 years, £55,460 in last 4 years and £50,061 in last 5 years.
Currently average asking price of a property in Havering Road, Romford, RM1 is around £346,783 based on approximately 13 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 Havering Road, Romford, RM1 is £312,342. Average asking price is £346,783 while average price paid is £256,115 which is up by £26,801 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 Havering Road, Romford, RM1 area. In last 1 year alone average price buyer paid is around £256,115 based on approximately 13 sales in Havering Road, Romford, RM1 area alone. If you compare it to last 3 years sales of 41 properties where buyers paid around £248,597. 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 £246,149 for 60 and average amount paid for purchase of approx. 76 properties sold in last 7 years comes to about £241,602 per sale.