Average Price for property in Colombo Road, Ilford, IG1 is around £343,854 which varies based on type of property you are interested in and ranges from £346,253 for terraced house to around £204,041 for a flat. Values have been changing and have risen £637 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,501 in last 6 months, £22,158 in last 1 year, £44,271 in last 2 years, £54,098 in last 3 years, £57,490 in last 4 years and £46,919 in last 5 years.
Currently average asking price of a property in Colombo Road, Ilford, IG1 is around £331,638 based on approximately 2 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 Colombo Road, Ilford, IG1 is £343,854. Average asking price is £331,638 while average price paid is £319,500 which is up by £22,158 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 Colombo Road, Ilford, IG1 area. In last 1 year alone average price buyer paid is around £319,500 based on approximately 2 sales in Colombo Road, Ilford, IG1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £280,222. 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 £289,000 for 13 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £285,157 per sale.