Average Price for property in Prospect Road, Romford, RM11 is around £344,722 which varies based on type of property you are interested in and ranges from £373,981 for detached house to around £339,905 for semi-detached. Similarly terraced house is around £319,217. Values have been changing and have risen £3,145 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,770 in last 6 months, £30,214 in last 1 year, £57,153 in last 2 years, £59,494 in last 3 years, £61,187 in last 4 years and £58,904 in last 5 years.
Currently average asking price of a property in Prospect Road, Romford, RM11 is around £661,560 based on approximately 0 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 Prospect Road, Romford, RM11 is £344,722. Average asking price is £661,560 while average price paid is £255,833 which is up by £59,494 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 Prospect Road, Romford, RM11 area. In last 3 years alone average price buyer paid is around £255,833 based on approximately 3 sales in Prospect Road, Romford, RM11 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £260,625. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £267,500 for 5 per sale.