Average Price for property in Philip Avenue, Romford, RM7 is around £303,311 which varies based on type of property you are interested in and ranges from £301,178 for detached house to around £305,222 for semi-detached. Similarly terraced house is around £287,024. Values have been changing and have risen £3,708 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,365 in last 6 months, £28,824 in last 1 year, £54,986 in last 2 years, £56,106 in last 3 years, £57,651 in last 4 years and £58,105 in last 5 years.
Currently average asking price of a property in Philip Avenue, Romford, RM7 is around £266,393 based on approximately 2 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 Philip Avenue, Romford, RM7 is £303,311. Average asking price is £266,393 while average price paid is £294,250 which is up by £28,824 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 Philip Avenue, Romford, RM7 area. In last 1 year alone average price buyer paid is around £294,250 based on approximately 2 sales in Philip Avenue, Romford, RM7 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £246,583. 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 £248,857 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £239,199 per sale.