Willow Tree Close, Abridge, Romford, RM4

Street Guide For Willow Tree Close, Abridge, Romford, RM4

 
 

Willow Tree Close, Abridge, Romford, RM4 Map

Estimated Price: £403,145
Average Asking Price: £977,312
Price change in last one year: £35,194
Average Price Paid: £337,500
Average Rent Rates: £1,340

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in Willow Tree Close, Abridge, Romford, RM4

Average Price for property in Willow Tree Close, Abridge, Romford, RM4 is around £403,145 which varies based on type of property you are interested in and ranges from £488,694 for detached house to around £422,380 for semi-detached. Similarly terraced house is around £352,018. Values have been changing and have risen £4,817 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,799 in last 6 months, £35,194 in last 1 year, £69,866 in last 2 years, £70,128 in last 3 years, £71,187 in last 4 years and £71,947 in last 5 years.

Currently average asking price of a property in Willow Tree Close, Abridge, Romford, RM4 is around £977,312 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £1,340 per month.

Estimated property value in Willow Tree Close, Abridge, Romford, RM4 is £403,145. Average asking price is £977,312 while average price paid is £360,000 which is up by £35,194 and Avg. asking rent £1,340.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 Willow Tree Close, Abridge, Romford, RM4 area. In last 1 year alone average price buyer paid is around £360,000 based on approximately 1 sales in Willow Tree Close, Abridge, Romford, RM4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £310,000. 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 £337,500 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £337,500 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £366,000, £443,167 for a 3 bedroom house, £888,146 for a 4 bedroom house and £1,116,111 for a 5 bedroom house. For a flat the prices of 2 bedroom is £230,000. To sum up the asking prices for properties in Willow Tree Close, Abridge, Romford, RM4 it comes to around average £343,333 for 2 bedroom property, £443,167 for 3 bedroom, £888,146 for 4 bedroom and £1,116,111 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it is £1,824 for 4 bedroom. You should be generally be expecting around average £1,824 rent per month for 4 bedroom property in Willow Tree Close, Abridge, Romford, RM4 area.

Popular Houses in Willow Tree Close, Abridge, Romford, RM4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Willow Tree Close, Abridge, Romford, RM4