Average Price for property in Southdown Road, Hornchurch, RM11 is around £324,459 which varies based on type of property you are interested in and ranges from £324,916 for detached house to around £344,096 for semi-detached. Similarly terraced house is around £320,380. Values have been changing and have risen £3,090 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,582 in last 6 months, £29,686 in last 1 year, £56,156 in last 2 years, £58,454 in last 3 years, £60,118 in last 4 years and £57,875 in last 5 years.
Currently average asking price of a property in Southdown Road, Hornchurch, RM11 is around £661,560 based on approximately 3 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,394 per month.
Estimated property value in Southdown Road, Hornchurch, RM11 is £324,459. Average asking price is £661,560 while average price paid is £308,333 which is up by £29,686 and Avg. asking rent £1,394.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 Southdown Road, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £308,333 based on approximately 3 sales in Southdown Road, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £279,999. 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 £257,777 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £239,285 per sale.