Average Price for property in Norwood Avenue, Romford, RM7 is around £274,501 which varies based on type of property you are interested in and ranges from £279,130 for semi-detached to around £271,414 for terraced house. Values have been changing and have risen £3,347 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,260 in last 6 months, £26,020 in last 1 year, £49,636 in last 2 years, £50,648 in last 3 years, £52,045 in last 4 years and £52,456 in last 5 years.
Currently average asking price of a property in Norwood Avenue, Romford, RM7 is around £266,393 based on approximately 5 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £1,185 per month.
Estimated property value in Norwood Avenue, Romford, RM7 is £274,501. Average asking price is £266,393 while average price paid is £224,999 which is up by £26,020 and Avg. asking rent £1,185.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 Norwood Avenue, Romford, RM7 area. In last 1 year alone average price buyer paid is around £224,999 based on approximately 5 sales in Norwood Avenue, Romford, RM7 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £222,399. 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 £222,388 for 18 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £225,195 per sale.