Average Price for property in Balfour Road, Ilford, IG1 is around £311,928 which varies based on type of property you are interested in and ranges from £550,632 for detached house to around £376,970 for semi-detached. Similarly terraced house is around £372,145 and a flat is worth £202,717. Values have been changing and have risen £578 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,991 in last 6 months, £20,102 in last 1 year, £40,160 in last 2 years, £49,074 in last 3 years, £52,151 in last 4 years and £42,563 in last 5 years.
Currently average asking price of a property in Balfour Road, Ilford, IG1 is around £331,638 based on approximately 5 properties for sale. Same is the case with rental options based on 366 properties up for rent, average asking rent is around £1,183 per month.
Estimated property value in Balfour Road, Ilford, IG1 is £311,928. Average asking price is £331,638 while average price paid is £256,700 which is up by £20,102 and Avg. asking rent £1,183.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 Balfour Road, Ilford, IG1 area. In last 1 year alone average price buyer paid is around £256,700 based on approximately 5 sales in Balfour Road, Ilford, IG1 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £268,699. 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 £247,833 for 24 and average amount paid for purchase of approx. 37 properties sold in last 7 years comes to about £248,013 per sale.