Average Price for property in Mercury Gardens, Romford, RM1 is around £256,175 e.g. average price for a flat is around 256,175. Values have been changing and have risen £2,121 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,850 in last 6 months, £21,708 in last 1 year, £41,954 in last 2 years, £42,202 in last 3 years, £44,914 in last 4 years and £40,541 in last 5 years.
Currently average asking price of a property in Mercury Gardens, Romford, RM1 is around £346,783 based on approximately 10 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 Mercury Gardens, Romford, RM1 is £256,175. Average asking price is £346,783 while average price paid is £157,200 which is up by £21,708 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 Mercury Gardens, Romford, RM1 area. In last 1 year alone average price buyer paid is around £157,200 based on approximately 10 sales in Mercury Gardens, Romford, RM1 area alone. If you compare it to last 3 years sales of 24 properties where buyers paid around £159,914. 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 £156,444 for 37 and average amount paid for purchase of approx. 48 properties sold in last 7 years comes to about £166,269 per sale.