Average Price for property in Lewis Road, Hornchurch, RM11 is around £316,812 which varies based on type of property you are interested in and ranges from £299,752 for detached house to around £317,256 for semi-detached. Similarly terraced house is around £350,093 and a flat is worth £132,858. Values have been changing and have risen £3,018 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,333 in last 6 months, £28,986 in last 1 year, £54,831 in last 2 years, £57,077 in last 3 years, £58,702 in last 4 years and £56,512 in last 5 years.
Currently average asking price of a property in Lewis Road, Hornchurch, RM11 is around £661,560 based on approximately 1 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,394 per month.
Estimated property value in Lewis Road, Hornchurch, RM11 is £316,812. Average asking price is £661,560 while average price paid is £120,000 which is up by £28,986 and Avg. asking rent £1,394.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 Lewis Road, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 1 sales in Lewis Road, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £226,250. 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 £260,500 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £260,500 per sale.