Values have been changing and have risen £2,585 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,442 in last 6 months, £25,833 in last 1 year, £48,660 in last 2 years, £47,839 in last 3 years, £52,220 in last 4 years and £52,116 in last 5 years.
Currently average asking price of a property in Silvermere Avenue, Collier Row, Romford, RM5 is around £281,530 based on approximately 3 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,889 per month.
Estimated property value in Silvermere Avenue, Collier Row, Romford, RM5 is £276,730. Average asking price is £281,530 while average price paid is £237,666 which is up by £25,833 and Avg. asking rent £1,889.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 Silvermere Avenue, Collier Row, Romford, RM5 area. In last 1 year alone average price buyer paid is around £237,666 based on approximately 3 sales in Silvermere Avenue, Collier Row, Romford, RM5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £230,600. 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 £226,125 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £227,111 per sale.