Values have been changing and have risen £1,113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,689 in last 6 months, £15,302 in last 1 year, £40,627 in last 2 years, £38,409 in last 3 years, £41,015 in last 4 years and £39,673 in last 5 years.
Currently average asking price of a property in Masefield Close, Romford, RM3 is around £300,639 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £2,650 per month.
Estimated property value in Masefield Close, Romford, RM3 is £234,104. Average asking price is £300,639 while average price paid is £230,000 which is up by £15,302 and Avg. asking rent £2,650.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 Masefield Close, Romford, RM3 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in Masefield Close, Romford, RM3 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £230,000. 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 £216,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £216,000 per sale.