Values have been changing and have risen £1,145 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,821 in last 6 months, £15,732 in last 1 year, £41,767 in last 2 years, £39,488 in last 3 years, £42,164 in last 4 years and £40,785 in last 5 years.
Currently average asking price of a property in Whitchurch Road, Romford, RM3 is around £300,639 based on approximately 5 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £2,650 per month.
Estimated property value in Whitchurch Road, Romford, RM3 is £235,654. Average asking price is £300,639 while average price paid is £244,100 which is up by £15,732 and Avg. asking rent £2,650.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 Whitchurch Road, Romford, RM3 area. In last 1 year alone average price buyer paid is around £244,100 based on approximately 5 sales in Whitchurch Road, Romford, RM3 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £213,125. 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 £200,052 for 19 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £201,892 per sale.