Average Price for property in Lodge Lane, Collier Row, Romford, RM5 is around £295,593 which varies based on type of property you are interested in and ranges from £435,851 for detached house to around £290,998 for semi-detached. Similarly terraced house is around £268,766 and a flat is worth £182,403. Values have been changing and have risen £2,682 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,757 in last 6 months, £26,794 in last 1 year, £50,469 in last 2 years, £49,619 in last 3 years, £54,164 in last 4 years and £54,055 in last 5 years.
Currently average asking price of a property in Lodge Lane, Collier Row, Romford, RM5 is around £281,530 based on approximately 9 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,889 per month.
Estimated property value in Lodge Lane, Collier Row, Romford, RM5 is £295,593. Average asking price is £281,530 while average price paid is £266,944 which is up by £26,794 and Avg. asking rent £1,889.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 Lane, Collier Row, Romford, RM5 area. In last 1 year alone average price buyer paid is around £266,944 based on approximately 9 sales in Lodge Lane, Collier Row, Romford, RM5 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £242,022. 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 £234,093 for 40 and average amount paid for purchase of approx. 59 properties sold in last 7 years comes to about £234,970 per sale.