Values have been changing and have risen £1,160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,884 in last 6 months, £15,940 in last 1 year, £42,323 in last 2 years, £40,013 in last 3 years, £42,726 in last 4 years and £41,328 in last 5 years.
Currently average asking price of a property in Heaton Way, Romford, RM3 is around £300,639 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £2,650 per month.
Estimated property value in Heaton Way, Romford, RM3 is £238,910. Average asking price is £300,639 while average price paid is £186,000 which is up by £15,940 and Avg. asking rent £2,650.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 Heaton Way, Romford, RM3 area. In last 1 year alone average price buyer paid is around £186,000 based on approximately 1 sales in Heaton Way, Romford, RM3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £194,825. 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 £209,511 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £206,959 per sale.