Average Price for property in Bush Elms Road, Hornchurch, RM11 is around £324,162 which varies based on type of property you are interested in and ranges from £367,619 for detached house to around £326,790 for semi-detached. Similarly terraced house is around £317,620. Values have been changing and have risen £3,088 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,573 in last 6 months, £29,659 in last 1 year, £56,103 in last 2 years, £58,399 in last 3 years, £60,061 in last 4 years and £57,822 in last 5 years.
Currently average asking price of a property in Bush Elms Road, Hornchurch, RM11 is around £661,560 based on approximately 4 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £1,394 per month.
Estimated property value in Bush Elms Road, Hornchurch, RM11 is £324,162. Average asking price is £661,560 while average price paid is £316,250 which is up by £29,659 and Avg. asking rent £1,394.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 Bush Elms Road, Hornchurch, RM11 area. In last 1 year alone average price buyer paid is around £316,250 based on approximately 4 sales in Bush Elms Road, Hornchurch, RM11 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £290,896. 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 £274,733 for 25 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £270,877 per sale.