Average Price for property in Mellish Way, Hornchurch, RM11 is around £203,193 which varies based on type of property you are interested in and ranges from £142,971 for semi-detached to around £206,204 for a flat. Values have been changing and have risen £1,936 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,628 in last 6 months, £18,593 in last 1 year, £35,172 in last 2 years, £36,613 in last 3 years, £37,658 in last 4 years and £36,258 in last 5 years.
Currently average asking price of a property in Mellish Way, 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 Mellish Way, Hornchurch, RM11 is £203,193. Average asking price is £661,560 while average price paid is £200,000 which is up by £18,593 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 Mellish Way, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £200,000 based on approximately 1 sales in Mellish Way, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £162,200. 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 £162,200 for 5 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £185,856 per sale.