Average Price for property in Shepherds Hill, Romford, RM3 is around £533,853 which varies based on type of property you are interested in and ranges from £713,711 for detached house to around £421,935 for semi-detached. Similarly terraced house is around £374,011. Values have been changing and have risen £2,425 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,211 in last 6 months, £33,328 in last 1 year, £88,493 in last 2 years, £83,654 in last 3 years, £89,322 in last 4 years and £86,389 in last 5 years.
Currently average asking price of a property in Shepherds Hill, Romford, RM3 is around £300,639 based on approximately 6 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £2,650 per month.
Estimated property value in Shepherds Hill, Romford, RM3 is £533,853. Average asking price is £300,639 while average price paid is £427,000 which is up by £33,328 and Avg. asking rent £2,650.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 Shepherds Hill, Romford, RM3 area. In last 1 year alone average price buyer paid is around £427,000 based on approximately 6 sales in Shepherds Hill, Romford, RM3 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £391,545. 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 £365,066 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £391,675 per sale.