Average Price for property in Pettits Lane, Gidea Park, Romford, RM1 is around £419,767 which varies based on type of property you are interested in and ranges from £598,544 for detached house to around £434,574 for semi-detached. Similarly terraced house is around £400,631 and a flat is worth £237,501. Values have been changing and have risen £3,664 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,835 in last 6 months, £37,513 in last 1 year, £72,503 in last 2 years, £72,929 in last 3 years, £77,615 in last 4 years and £70,054 in last 5 years.
Currently average asking price of a property in Pettits Lane, Gidea Park, Romford, RM1 is around £346,783 based on approximately 4 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,280 per month.
Estimated property value in Pettits Lane, Gidea Park, Romford, RM1 is £419,767. Average asking price is £346,783 while average price paid is £346,625 which is up by £37,513 and Avg. asking rent £1,280.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 Pettits Lane, Gidea Park, Romford, RM1 area. In last 1 year alone average price buyer paid is around £346,625 based on approximately 4 sales in Pettits Lane, Gidea Park, Romford, RM1 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £396,233. 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 £380,142 for 21 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £349,448 per sale.