Average Price for property in Penrith Road, Romford, RM3 is around £230,129 which varies based on type of property you are interested in and ranges from £229,765 for semi-detached to around £230,641 for terraced house. Values have been changing and have risen £1,089 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,586 in last 6 months, £14,965 in last 1 year, £39,732 in last 2 years, £37,563 in last 3 years, £40,109 in last 4 years and £38,797 in last 5 years.
Currently average asking price of a property in Penrith Road, Romford, RM3 is around £300,639 based on approximately 2 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £2,650 per month.
Estimated property value in Penrith Road, Romford, RM3 is £230,129. Average asking price is £300,639 while average price paid is £222,500 which is up by £14,965 and Avg. asking rent £2,650.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 Penrith Road, Romford, RM3 area. In last 1 year alone average price buyer paid is around £222,500 based on approximately 2 sales in Penrith Road, Romford, RM3 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £206,142. 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 £192,665 for 12 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £188,470 per sale.