Average Price for property in Nelmes Road, Hornchurch, RM11 is around £1,140,076 which varies based on type of property you are interested in and ranges from £1,156,781 for detached house to around £922,911 for semi-detached. Values have been changing and have risen £10,856 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £37,177 in last 6 months, £104,296 in last 1 year, £197,289 in last 2 years, £205,355 in last 3 years, £211,187 in last 4 years and £203,292 in last 5 years.
Currently average asking price of a property in Nelmes Road, Hornchurch, RM11 is around £661,560 based on approximately 1 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,394 per month.
Estimated property value in Nelmes Road, Hornchurch, RM11 is £1,140,076. Average asking price is £661,560 while average price paid is £960,000 which is up by £104,296 and Avg. asking rent £1,394.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 Nelmes Road, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £960,000 based on approximately 1 sales in Nelmes Road, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £780,000. 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 £951,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £951,500 per sale.