New Farm Drive, Abridge, Romford, RM4

Street Guide For New Farm Drive, Abridge, Romford, RM4

 
 

New Farm Drive, Abridge, Romford, RM4 Map

Estimated Price: £581,308
Average Asking Price: £977,312
Price change in last one year: £52,151
Average Price Paid: £727,500
Average Rent Rates: £1,340

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in New Farm Drive, Abridge, Romford, RM4

Average Price for property in New Farm Drive, Abridge, Romford, RM4 is around £581,308 which varies based on type of property you are interested in and ranges from £684,669 for detached house to around £522,174 for semi-detached. Similarly terraced house is around £290,886 and a flat is worth £163,597. Values have been changing and have risen £7,136 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,928 in last 6 months, £52,151 in last 1 year, £103,524 in last 2 years, £103,910 in last 3 years, £105,473 in last 4 years and £106,597 in last 5 years.

Currently average asking price of a property in New Farm Drive, Abridge, Romford, RM4 is around £977,312 based on approximately 0 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £1,340 per month.

Estimated property value in New Farm Drive, Abridge, Romford, RM4 is £581,308. Average asking price is £977,312 while average price paid is £727,500 which is up by £106,597 and Avg. asking rent £1,340.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 New Farm Drive, Abridge, Romford, RM4 area. In last 5 years alone average price buyer paid is around £727,500 based on approximately 2 sales in New Farm Drive, Abridge, Romford, RM4 area alone. If you compare it to last 7 years sales of 5 properties where buyers paid around £481,000.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £366,000, £443,167 for a 3 bedroom house, £888,146 for a 4 bedroom house and £1,116,111 for a 5 bedroom house. For a flat the prices of 2 bedroom is £230,000. To sum up the asking prices for properties in New Farm Drive, Abridge, Romford, RM4 it comes to around average £343,333 for 2 bedroom property, £443,167 for 3 bedroom, £888,146 for 4 bedroom and £1,116,111 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it is £1,824 for 4 bedroom. You should be generally be expecting around average £1,824 rent per month for 4 bedroom property in New Farm Drive, Abridge, Romford, RM4 area.

Popular Houses in New Farm Drive, Abridge, Romford, RM4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around New Farm Drive, Abridge, Romford, RM4