Average Price for property in The Avenue, Romford, RM1 is around £429,981 which varies based on type of property you are interested in and ranges from £418,130 for detached house to around £437,882 for semi-detached. Values have been changing and have risen £3,686 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,908 in last 6 months, £37,749 in last 1 year, £72,960 in last 2 years, £73,389 in last 3 years, £78,103 in last 4 years and £70,494 in last 5 years.
Currently average asking price of a property in The Avenue, Romford, RM1 is around £346,783 based on approximately 1 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,280 per month.
Estimated property value in The Avenue, Romford, RM1 is £429,981. Average asking price is £346,783 while average price paid is £390,000 which is up by £37,749 and Avg. asking rent £1,280.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 The Avenue, Romford, RM1 area. In last 1 year alone average price buyer paid is around £390,000 based on approximately 1 sales in The Avenue, Romford, RM1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £316,666. 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 £317,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £317,999 per sale.