Values have been changing and have risen £2,023 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,535 in last 6 months, £20,713 in last 1 year, £40,034 in last 2 years, £40,273 in last 3 years, £42,862 in last 4 years and £38,690 in last 5 years.
Currently average asking price of a property in Kingsmead Avenue, Romford, RM1 is around £346,783 based on approximately 2 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 Kingsmead Avenue, Romford, RM1 is £246,649. Average asking price is £346,783 while average price paid is £229,750 which is up by £20,713 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 Kingsmead Avenue, Romford, RM1 area. In last 1 year alone average price buyer paid is around £229,750 based on approximately 2 sales in Kingsmead Avenue, Romford, RM1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £225,500. 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 £190,333 for 9 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £184,800 per sale.