Average Price for property in Parkway, Gidea Park, Romford, RM2 is around £912,518 which varies based on type of property you are interested in and ranges from £928,716 for detached house to around £661,447 for semi-detached. Values have been changing and have risen £7,871 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £23,609 in last 6 months, £88,697 in last 1 year, £163,940 in last 2 years, £164,265 in last 3 years, £169,397 in last 4 years and £165,667 in last 5 years.
Currently average asking price of a property in Parkway, Gidea Park, Romford, RM2 is around £476,725 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 £1,312 per month.
Estimated property value in Parkway, Gidea Park, Romford, RM2 is £912,518. Average asking price is £476,725 while average price paid is £1,500,000 which is up by £88,697 and Avg. asking rent £1,312.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 Parkway, Gidea Park, Romford, RM2 area. In last 1 year alone average price buyer paid is around £1,500,000 based on approximately 1 sales in Parkway, Gidea Park, Romford, RM2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £997,500. 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 £941,178 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £874,750 per sale.