Average Price for property in Sims Close, Gidea Park, Romford, RM1 is around £322,366 which varies based on type of property you are interested in and ranges from £434,242 for detached house to around £314,480 for semi-detached. Similarly terraced house is around £317,560. Values have been changing and have risen £2,760 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,916 in last 6 months, £28,260 in last 1 year, £54,620 in last 2 years, £54,943 in last 3 years, £58,474 in last 4 years and £52,780 in last 5 years.
Currently average asking price of a property in Sims Close, Gidea Park, Romford, RM1 is around £346,783 based on approximately 3 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £1,280 per month.
Estimated property value in Sims Close, Gidea Park, Romford, RM1 is £322,366. Average asking price is £346,783 while average price paid is £245,000 which is up by £28,260 and Avg. asking rent £1,280.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 Sims Close, Gidea Park, Romford, RM1 area. In last 1 year alone average price buyer paid is around £245,000 based on approximately 3 sales in Sims Close, Gidea Park, Romford, RM1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £245,000. 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 £238,000 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £231,666 per sale.