Values have been changing and have risen £1,835 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,622 in last 6 months, £14,257 in last 1 year, £27,195 in last 2 years, £27,751 in last 3 years, £28,519 in last 4 years and £28,747 in last 5 years.
Currently average asking price of a property in Vignoles Road, Romford, RM7 is around £266,393 based on approximately 3 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £1,185 per month.
Estimated property value in Vignoles Road, Romford, RM7 is £157,705. Average asking price is £266,393 while average price paid is £118,000 which is up by £14,257 and Avg. asking rent £1,185.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 Vignoles Road, Romford, RM7 area. In last 1 year alone average price buyer paid is around £118,000 based on approximately 3 sales in Vignoles Road, Romford, RM7 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £109,325. 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 £111,875 for 14 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £122,312 per sale.