Average Price for property in Pettits Lane North, Romford, RM1 is around £312,694 which varies based on type of property you are interested in and ranges from £344,815 for detached house to around £333,794 for semi-detached. Similarly terraced house is around £283,018 and a flat is worth £176,572. Values have been changing and have risen £2,775 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,962 in last 6 months, £28,407 in last 1 year, £54,904 in last 2 years, £55,228 in last 3 years, £58,777 in last 4 years and £53,051 in last 5 years.
Currently average asking price of a property in Pettits Lane North, Romford, RM1 is around £346,783 based on approximately 6 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 North, Romford, RM1 is £312,694. Average asking price is £346,783 while average price paid is £296,083 which is up by £28,407 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 North, Romford, RM1 area. In last 1 year alone average price buyer paid is around £296,083 based on approximately 6 sales in Pettits Lane North, Romford, RM1 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £282,535. 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 £279,860 for 18 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £278,291 per sale.