Average Price for property in Moray Way, Romford, RM1 is around £325,701 which varies based on type of property you are interested in and ranges from £330,279 for semi-detached to around £284,495 for a flat. Values have been changing and have risen £2,806 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,062 in last 6 months, £28,724 in last 1 year, £55,518 in last 2 years, £55,844 in last 3 years, £59,432 in last 4 years and £53,645 in last 5 years.
Currently average asking price of a property in Moray Way, Romford, RM1 is around £346,783 based on approximately 1 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 Moray Way, Romford, RM1 is £325,701. Average asking price is £346,783 while average price paid is £262,628 which is up by £28,724 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 Moray Way, Romford, RM1 area. In last 1 year alone average price buyer paid is around £262,628 based on approximately 1 sales in Moray Way, Romford, RM1 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £262,814. 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 £248,876 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £254,157 per sale.