Values have been changing and have risen £3,287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,075 in last 6 months, £25,550 in last 1 year, £48,740 in last 2 years, £49,735 in last 3 years, £51,104 in last 4 years and £51,506 in last 5 years.
Currently average asking price of a property in Silver 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 Silver Way, Romford, RM7 is £275,031. Average asking price is £266,393 while average price paid is £175,333 which is up by £25,550 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 Silver Way, Romford, RM7 area. In last 1 year alone average price buyer paid is around £175,333 based on approximately 3 sales in Silver Way, Romford, RM7 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £188,600. 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 £188,600 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £216,499 per sale.