Average Price for property in Macdonald Avenue, Hornchurch, RM11 is around £302,764 which varies based on type of property you are interested in and ranges from £343,734 for detached house to around £302,656 for semi-detached. Similarly terraced house is around £299,863. Values have been changing and have risen £2,884 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,875 in last 6 months, £27,701 in last 1 year, £52,403 in last 2 years, £54,548 in last 3 years, £56,098 in last 4 years and £54,005 in last 5 years.
Currently average asking price of a property in Macdonald Avenue, Hornchurch, RM11 is around £661,560 based on approximately 6 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 Macdonald Avenue, Hornchurch, RM11 is £302,764. Average asking price is £661,560 while average price paid is £304,999 which is up by £27,701 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 Macdonald Avenue, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £304,999 based on approximately 6 sales in Macdonald Avenue, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £263,038. 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 £258,580 for 18 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £245,920 per sale.