Average Price for property in Lancing Road, Romford, RM3 is around £244,146 which varies based on type of property you are interested in and ranges from £243,762 for semi-detached to around £244,366 for terraced house. Values have been changing and have risen £1,106 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,655 in last 6 months, £15,192 in last 1 year, £40,333 in last 2 years, £38,132 in last 3 years, £40,719 in last 4 years and £39,387 in last 5 years.
Currently average asking price of a property in Lancing Road, Romford, RM3 is around £300,639 based on approximately 1 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 Lancing Road, Romford, RM3 is £244,146. Average asking price is £300,639 while average price paid is £249,999 which is up by £15,192 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 Lancing Road, Romford, RM3 area. In last 1 year alone average price buyer paid is around £249,999 based on approximately 1 sales in Lancing Road, Romford, RM3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £206,333. 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 £202,749 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £206,799 per sale.