Average Price for property in The Mall, Hornchurch, RM11 is around £494,264 which varies based on type of property you are interested in and ranges from £372,717 for detached house to around £569,854 for semi-detached. Similarly terraced house is around £562,958 and a flat is worth £265,706. Values have been changing and have risen £4,707 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,118 in last 6 months, £45,218 in last 1 year, £85,536 in last 2 years, £89,035 in last 3 years, £91,566 in last 4 years and £88,146 in last 5 years.
Currently average asking price of a property in The Mall, Hornchurch, RM11 is around £661,560 based on approximately 4 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 The Mall, Hornchurch, RM11 is £494,264. Average asking price is £661,560 while average price paid is £384,373 which is up by £45,218 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 The Mall, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £384,373 based on approximately 4 sales in The Mall, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £316,499. 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 £364,249 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £308,665 per sale.