Average Price for property in Hornchurch is around £353,697 which varies based on type of property you are interested in and ranges from £629,741 for detached house to around £342,584 for semi-detached. Similarly terraced house is around £291,477 and a flat is worth £205,613. Values have been changing and have risen £899 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,741 in last 6 months, £27,947 in last 1 year, £51,085 in last 2 years, £55,933 in last 3 years, £55,290 in last 4 years and £51,178 in last 5 years.
Currently average asking price of a property in Hornchurch is around £508,786 based on approximately 945 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £1,215 per month.
Estimated property value in Hornchurch is £353,697. Average asking price is £508,786 while average price paid is £318,932 which is up by £27,947 and Avg. asking rent £1,215.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 Hornchurch area. In last 1 year alone average price buyer paid is around £318,932 based on approximately 945 sales in Hornchurch area alone. If you compare it to last 3 years sales of 2,643 properties where buyers paid around £293,355. 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 £289,034 for 4,145 and average amount paid for purchase of approx. 5,439 properties sold in last 7 years comes to about £282,374 per sale.