Average Price for property in Morley Road, Chadwell Heath, Romford, RM6 is around £304,409 which varies based on type of property you are interested in and ranges from £577,639 for detached house to around £330,950 for semi-detached. Similarly terraced house is around £286,563 and a flat is worth £188,364. Values have been changing and have risen £3,287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,709 in last 6 months, £26,792 in last 1 year, £51,113 in last 2 years, £53,350 in last 3 years, £56,481 in last 4 years and £52,976 in last 5 years.
Currently average asking price of a property in Morley Road, Chadwell Heath, Romford, RM6 is around £250,137 based on approximately 1 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 Morley Road, Chadwell Heath, Romford, RM6 is £304,409. Average asking price is £250,137 while average price paid is £280,000 which is up by £26,792 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 Morley Road, Chadwell Heath, Romford, RM6 area. In last 1 year alone average price buyer paid is around £280,000 based on approximately 1 sales in Morley Road, Chadwell Heath, Romford, RM6 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £225,159. 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 £216,450 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £225,987 per sale.