Values have been changing and have risen £2,046 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,224 in last 6 months, £28,590 in last 1 year, £45,212 in last 2 years, £56,290 in last 3 years, £57,687 in last 4 years and £53,546 in last 5 years.
Currently average asking price of a property in Cranley Road, Ilford, IG2 is around £323,348 based on approximately 2 properties for sale. Same is the case with rental options based on 111 properties up for rent, average asking rent is around £1,596 per month.
Estimated property value in Cranley Road, Ilford, IG2 is £327,649. Average asking price is £323,348 while average price paid is £282,500 which is up by £28,590 and Avg. asking rent £1,596.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 Cranley Road, Ilford, IG2 area. In last 1 year alone average price buyer paid is around £282,500 based on approximately 2 sales in Cranley Road, Ilford, IG2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £282,500. 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 £276,000 for 5 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £260,909 per sale.