Average Price for property in Reed Pond Walk, Gidea Park, Romford, RM2 is around £792,303 e.g. average price for detached house is around 791,624. Values have been changing and have risen £6,765 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,291 in last 6 months, £76,233 in last 1 year, £140,900 in last 2 years, £141,177 in last 3 years, £145,591 in last 4 years and £142,387 in last 5 years.
Currently average asking price of a property in Reed Pond Walk, Gidea Park, Romford, RM2 is around £476,725 based on approximately 1 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £1,312 per month.
Estimated property value in Reed Pond Walk, Gidea Park, Romford, RM2 is £792,303. Average asking price is £476,725 while average price paid is £700,000 which is up by £76,233 and Avg. asking rent £1,312.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 Reed Pond Walk, Gidea Park, Romford, RM2 area. In last 1 year alone average price buyer paid is around £700,000 based on approximately 1 sales in Reed Pond Walk, Gidea Park, Romford, RM2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £635,000. 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 £641,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £641,250 per sale.