Average Price for property in Michael Gardens, Hornchurch, RM11 is around £178,707 which varies based on type of property you are interested in and ranges from £204,050 for semi-detached to around £171,466 for a flat. Values have been changing and have risen £1,703 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,830 in last 6 months, £16,353 in last 1 year, £30,934 in last 2 years, £32,202 in last 3 years, £33,121 in last 4 years and £31,888 in last 5 years.
Currently average asking price of a property in Michael Gardens, Hornchurch, RM11 is around £661,560 based on approximately 0 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 Michael Gardens, Hornchurch, RM11 is £178,707. Average asking price is £661,560 while average price paid is £141,500 which is up by £32,202 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 Michael Gardens, Hornchurch, RM11 area. In last 3 years alone average price buyer paid is around £141,500 based on approximately 2 sales in Michael Gardens, Hornchurch, RM11 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £152,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £149,800 for 5 per sale.