Values have been changing and have risen £2,954 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,112 in last 6 months, £28,366 in last 1 year, £53,660 in last 2 years, £55,857 in last 3 years, £57,447 in last 4 years and £55,304 in last 5 years.
Currently average asking price of a property in Priory Mews, Hornchurch, RM11 is around £661,560 based on approximately 1 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,394 per month.
Estimated property value in Priory Mews, Hornchurch, RM11 is £310,026. Average asking price is £661,560 while average price paid is £193,000 which is up by £28,366 and Avg. asking rent £1,394.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 Priory Mews, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £193,000 based on approximately 1 sales in Priory Mews, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £193,000. 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 £195,748 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £205,332 per sale.