Values have been changing and have risen £2,554 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,068 in last 6 months, £23,212 in last 1 year, £45,224 in last 2 years, £45,568 in last 3 years, £48,661 in last 4 years and £45,529 in last 5 years.
Currently average asking price of a property in Wood Lane, Dagenham, RM9 is around £263,997 based on approximately 1 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £1,221 per month.
Estimated property value in Wood Lane, Dagenham, RM9 is £244,265. Average asking price is £263,997 while average price paid is £180,000 which is up by £23,212 and Avg. asking rent £1,221.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 Wood Lane, Dagenham, RM9 area. In last 1 year alone average price buyer paid is around £180,000 based on approximately 1 sales in Wood Lane, Dagenham, RM9 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £178,250. 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 £186,800 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £183,464 per sale.