Colvin Gardens, Ilford, IG6

Street Guide For Colvin Gardens, Ilford, IG6

 
 

Colvin Gardens, Ilford, IG6 Map

Estimated Price: £339,237
Average Asking Price: £386,107
Price change in last one year: £25,197
Average Price Paid: £284,082
Average Rent Rates: £1,460

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Olympic House, 28-42 Clements Road, Ilford IG1 1BA

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Property Prices Breakdown in Colvin Gardens, Ilford, IG6

Average Price for property in Colvin Gardens, Ilford, IG6 is around £339,237 which varies based on type of property you are interested in and ranges from £360,730 for semi-detached to around £305,804 for terraced house. Values have been changing and have risen £2,227 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,260 in last 6 months, £25,197 in last 1 year, £49,059 in last 2 years, £59,581 in last 3 years, £62,565 in last 4 years and £54,149 in last 5 years.

Currently average asking price of a property in Colvin Gardens, Ilford, IG6 is around £386,107 based on approximately 4 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £1,460 per month.

Estimated property value in Colvin Gardens, Ilford, IG6 is £339,237. Average asking price is £386,107 while average price paid is £307,125 which is up by £25,197 and Avg. asking rent £1,460.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 Colvin Gardens, Ilford, IG6 area. In last 1 year alone average price buyer paid is around £307,125 based on approximately 4 sales in Colvin Gardens, Ilford, IG6 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £301,777. 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 £284,082 for 12 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £267,685 per sale.

 
 
 
 

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 1 bedroom is around £236,666, £324,987 for a 2 bedroom house, £363,914 for a 3 bedroom house, £487,470 for a 4 bedroom house and £487,499 for a 5 bedroom house. For a flat similarly the prices varies from £189,998 for a single bedroom to £252,243 for a 2 bedroom Flat. To sum up the asking prices for properties in Colvin Gardens, Ilford, IG6 it comes to around average £207,498 for 1 bedroom property, £273,027 for 2 bedroom, £363,914 for 3 bedroom, £487,470 for 4 bedroom and £487,499 for a 5 bedroom property.

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 can vary from £501 for 1 bedroom to £1,287 for 2 bedroom, £1,489 for 3 bedroom and £2,214 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £964. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,204, £1,258 for 3 bedroom and £1,549 for 4 bedroom. You should be generally be expecting around average £880 rent per month for single bedroom property, £1,216 for 2 bedroom, £1,448 for 3 bedroom and approximately £2,093 for 4 bedroom property in Colvin Gardens, Ilford, IG6 area.

Popular Houses in Colvin Gardens, Ilford, IG6

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.

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