Average Price for property in Virginia Close, Collier Row, Romford, RM5 is around £475,715 e.g. average price for detached house is around 475,715. Values have been changing and have risen £4,295 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,026 in last 6 months, £42,920 in last 1 year, £80,844 in last 2 years, £79,476 in last 3 years, £86,752 in last 4 years and £86,574 in last 5 years.
Currently average asking price of a property in Virginia Close, Collier Row, Romford, RM5 is around £281,530 based on approximately 1 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 Virginia Close, Collier Row, Romford, RM5 is £475,715. Average asking price is £281,530 while average price paid is £433,000 which is up by £42,920 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 Virginia Close, Collier Row, Romford, RM5 area. In last 1 year alone average price buyer paid is around £433,000 based on approximately 1 sales in Virginia Close, Collier Row, Romford, RM5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £371,000. 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 £358,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £358,250 per sale.