Average Price for property in The Drive, Collier Row, Romford, RM5 is around £291,344 which varies based on type of property you are interested in and ranges from £455,622 for detached house to around £294,493 for semi-detached. Similarly terraced house is around £282,643 and a flat is worth £197,396. Values have been changing and have risen £2,532 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,268 in last 6 months, £25,303 in last 1 year, £47,661 in last 2 years, £46,859 in last 3 years, £51,151 in last 4 years and £51,050 in last 5 years.
Currently average asking price of a property in The Drive, 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 The Drive, Collier Row, Romford, RM5 is £291,344. Average asking price is £281,530 while average price paid is £221,666 which is up by £25,303 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 The Drive, Collier Row, Romford, RM5 area. In last 1 year alone average price buyer paid is around £221,666 based on approximately 3 sales in The Drive, Collier Row, Romford, RM5 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £217,111. 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 £215,720 for 17 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £219,250 per sale.