Average Price for property in Mill Lane, Chadwell Heath, Romford, RM6 is around £253,036 which varies based on type of property you are interested in and ranges from £198,767 for detached house to around £297,884 for semi-detached. Similarly terraced house is around £293,456 and a flat is worth £168,292. Values have been changing and have risen £2,843 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,262 in last 6 months, £23,169 in last 1 year, £44,199 in last 2 years, £46,135 in last 3 years, £48,847 in last 4 years and £45,817 in last 5 years.
Currently average asking price of a property in Mill Lane, Chadwell Heath, Romford, RM6 is around £250,137 based on approximately 3 properties for sale. Same is the case with rental options based on 104 properties up for rent, average asking rent is around £1,182 per month.
Estimated property value in Mill Lane, Chadwell Heath, Romford, RM6 is £253,036. Average asking price is £250,137 while average price paid is £230,333 which is up by £23,169 and Avg. asking rent £1,182.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 Mill Lane, Chadwell Heath, Romford, RM6 area. In last 1 year alone average price buyer paid is around £230,333 based on approximately 3 sales in Mill Lane, Chadwell Heath, Romford, RM6 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £198,500. 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 £185,700 for 10 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £162,000 per sale.