Values have been changing and have risen £1,098 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,622 in last 6 months, £15,081 in last 1 year, £40,038 in last 2 years, £37,854 in last 3 years, £40,419 in last 4 years and £39,095 in last 5 years.
Currently average asking price of a property in Jacobs Avenue, Harold Wood, 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 Jacobs Avenue, Harold Wood, Romford, RM3 is £221,857. Average asking price is £300,639 while average price paid is £277,500 which is up by £15,081 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 Jacobs Avenue, Harold Wood, Romford, RM3 area. In last 1 year alone average price buyer paid is around £277,500 based on approximately 1 sales in Jacobs Avenue, Harold Wood, Romford, RM3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £236,833. 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 £204,916 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £196,928 per sale.