Values have been changing and have risen £2,403 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,460 in last 6 months, £20,552 in last 1 year, £36,823 in last 2 years, £37,056 in last 3 years, £38,054 in last 4 years and £37,242 in last 5 years.
Currently average asking price of a property in Garron Lane, South Ockendon, RM15 is around £397,209 based on approximately 2 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £5,783 per month.
Estimated property value in Garron Lane, South Ockendon, RM15 is £195,303. Average asking price is £397,209 while average price paid is £186,000 which is up by £20,552 and Avg. asking rent £5,783.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 Garron Lane, South Ockendon, RM15 area. In last 1 year alone average price buyer paid is around £186,000 based on approximately 2 sales in Garron Lane, South Ockendon, RM15 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £163,471. 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 £164,527 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £154,720 per sale.