Average Price for property in Romford Road, London, E7 is around £316,431 which varies based on type of property you are interested in and ranges from £503,130 for detached house to around £585,137 for semi-detached. Similarly terraced house is around £433,357 and a flat is worth £253,539. Values have been changing and have risen £4,551 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,466 in last 6 months, £41,098 in last 1 year, £67,579 in last 2 years, £77,120 in last 3 years, £76,378 in last 4 years and £82,709 in last 5 years.
Currently average asking price of a property in Romford Road, London, E7 is around £384,847 based on approximately 21 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £1,330 per month.
Estimated property value in Romford Road, London, E7 is £316,431. Average asking price is £384,847 while average price paid is £188,356 which is up by £41,098 and Avg. asking rent £1,330.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 Romford Road, London, E7 area. In last 1 year alone average price buyer paid is around £188,356 based on approximately 21 sales in Romford Road, London, E7 area alone. If you compare it to last 3 years sales of 38 properties where buyers paid around £206,320. 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 £187,419 for 72 and average amount paid for purchase of approx. 87 properties sold in last 7 years comes to about £193,450 per sale.