Average Price for property in Rodney Way, Romford, RM7 is around £272,826 which varies based on type of property you are interested in and ranges from £304,683 for semi-detached to around £254,623 for terraced house. Values have been changing and have risen £3,125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,578 in last 6 months, £24,289 in last 1 year, £46,331 in last 2 years, £47,276 in last 3 years, £48,579 in last 4 years and £48,962 in last 5 years.
Currently average asking price of a property in Rodney Way, Romford, RM7 is around £266,393 based on approximately 3 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 Rodney Way, Romford, RM7 is £272,826. Average asking price is £266,393 while average price paid is £230,000 which is up by £24,289 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 Rodney Way, Romford, RM7 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 3 sales in Rodney Way, Romford, RM7 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £234,199. 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 £216,333 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £216,333 per sale.