Average Price for property in Morecambe Close, Hornchurch, RM12 is around £271,780 which varies based on type of property you are interested in and ranges from £333,836 for semi-detached to around £267,643 for terraced house. Values have been changing and have risen £1,680 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,759 in last 6 months, £23,693 in last 1 year, £47,256 in last 2 years, £45,670 in last 3 years, £49,471 in last 4 years and £46,848 in last 5 years.
Currently average asking price of a property in Morecambe Close, Hornchurch, RM12 is around £311,486 based on approximately 1 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,047 per month.
Estimated property value in Morecambe Close, Hornchurch, RM12 is £271,780. Average asking price is £311,486 while average price paid is £260,000 which is up by £23,693 and Avg. asking rent £1,047.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 Morecambe Close, Hornchurch, RM12 area. In last 1 year alone average price buyer paid is around £260,000 based on approximately 1 sales in Morecambe Close, Hornchurch, RM12 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £211,570. 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 £209,499 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £210,090 per sale.