Average Price for property in Lodge Avenue, Gidea Park, Romford, RM2 is around £391,051 which varies based on type of property you are interested in and ranges from £396,136 for detached house to around £441,854 for semi-detached. Similarly terraced house is around £454,551 and a flat is worth £235,137. Values have been changing and have risen £3,254 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,760 in last 6 months, £36,664 in last 1 year, £67,767 in last 2 years, £67,904 in last 3 years, £70,030 in last 4 years and £68,492 in last 5 years.
Currently average asking price of a property in Lodge Avenue, Gidea Park, Romford, RM2 is around £476,725 based on approximately 3 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,312 per month.
Estimated property value in Lodge Avenue, Gidea Park, Romford, RM2 is £391,051. Average asking price is £476,725 while average price paid is £279,700 which is up by £36,664 and Avg. asking rent £1,312.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 Lodge Avenue, Gidea Park, Romford, RM2 area. In last 1 year alone average price buyer paid is around £279,700 based on approximately 3 sales in Lodge Avenue, Gidea Park, Romford, RM2 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £312,221. 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 £291,865 for 29 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £299,104 per sale.