Average Price for property in Nelmes Way, Hornchurch, RM11 is around £988,017 which varies based on type of property you are interested in and ranges from £1,219,807 for detached house to around £292,645 for a flat. Values have been changing and have risen £9,408 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £32,219 in last 6 months, £90,388 in last 1 year, £170,979 in last 2 years, £177,969 in last 3 years, £183,023 in last 4 years and £176,182 in last 5 years.
Currently average asking price of a property in Nelmes Way, Hornchurch, RM11 is around £661,560 based on approximately 5 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 Way, Hornchurch, RM11 is £988,017. Average asking price is £661,560 while average price paid is £872,000 which is up by £90,388 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 Way, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £872,000 based on approximately 5 sales in Nelmes Way, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £735,576. 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 £790,625 for 16 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £799,125 per sale.