Average Price for property in Torrance Close, Hornchurch, RM11 is around £358,969 e.g. average price for semi-detached is around 358,969. Values have been changing and have risen £3,419 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,708 in last 6 months, £32,843 in last 1 year, £62,126 in last 2 years, £64,668 in last 3 years, £66,509 in last 4 years and £64,027 in last 5 years.
Currently average asking price of a property in Torrance Close, Hornchurch, RM11 is around £661,560 based on approximately 6 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 Torrance Close, Hornchurch, RM11 is £358,969. Average asking price is £661,560 while average price paid is £380,247 which is up by £32,843 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 Torrance Close, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £380,247 based on approximately 6 sales in Torrance Close, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £380,247. 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 £380,247 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £380,247 per sale.