Values have been changing and have risen £1,707 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,959 in last 6 months, £19,859 in last 1 year, £36,805 in last 2 years, £35,615 in last 3 years, £38,749 in last 4 years and £36,665 in last 5 years.
Currently average asking price of a property in Macon Way, Cranham, Upminster, RM14 is around £511,278 based on approximately 4 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £1,273 per month.
Estimated property value in Macon Way, Cranham, Upminster, RM14 is £224,641. Average asking price is £511,278 while average price paid is £179,687 which is up by £19,859 and Avg. asking rent £1,273.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 Macon Way, Cranham, Upminster, RM14 area. In last 1 year alone average price buyer paid is around £179,687 based on approximately 4 sales in Macon Way, Cranham, Upminster, RM14 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £186,458. 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 £181,343 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £176,886 per sale.