Average Price for property in Horndon Road, Romford, RM5 is around £284,316 which varies based on type of property you are interested in and ranges from £434,755 for detached house to around £300,773 for semi-detached. Similarly terraced house is around £277,541 and a flat is worth £176,854. Values have been changing and have risen £2,433 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,946 in last 6 months, £24,317 in last 1 year, £45,803 in last 2 years, £45,031 in last 3 years, £49,155 in last 4 years and £49,058 in last 5 years.
Currently average asking price of a property in Horndon Road, 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 Horndon Road, Romford, RM5 is £284,316. Average asking price is £281,369 while average price paid is £220,000 which is up by £24,317 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 Horndon Road, Romford, RM5 area. In last 1 year alone average price buyer paid is around £220,000 based on approximately 1 sales in Horndon Road, Romford, RM5 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £185,062. 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 £181,750 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £188,392 per sale.