Average Price for property in Melton Gardens, Romford, RM1 is around £324,526 which varies based on type of property you are interested in and ranges from £264,485 for detached house to around £329,393 for semi-detached. Similarly terraced house is around £327,041. Values have been changing and have risen £2,691 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,692 in last 6 months, £27,551 in last 1 year, £53,249 in last 2 years, £53,564 in last 3 years, £57,006 in last 4 years and £51,455 in last 5 years.
Currently average asking price of a property in Melton Gardens, Romford, RM1 is around £346,783 based on approximately 3 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,280 per month.
Estimated property value in Melton Gardens, Romford, RM1 is £324,526. Average asking price is £346,783 while average price paid is £288,665 which is up by £27,551 and Avg. asking rent £1,280.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 Melton Gardens, Romford, RM1 area. In last 1 year alone average price buyer paid is around £288,665 based on approximately 3 sales in Melton Gardens, Romford, RM1 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £248,856. 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 £241,832 for 12 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £242,384 per sale.