Average Price for property in Cumberland Close, Ilford, IG6 is around £310,287 which varies based on type of property you are interested in and ranges from £391,583 for detached house to around £336,432 for semi-detached. Similarly terraced house is around £280,404 and a flat is worth £245,714. Values have been changing and have risen £2,038 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,556 in last 6 months, £23,049 in last 1 year, £44,874 in last 2 years, £54,498 in last 3 years, £57,223 in last 4 years and £49,525 in last 5 years.
Currently average asking price of a property in Cumberland Close, Ilford, IG6 is around £386,107 based on approximately 5 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 Cumberland Close, Ilford, IG6 is £310,287. Average asking price is £386,107 while average price paid is £292,200 which is up by £23,049 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 Cumberland Close, Ilford, IG6 area. In last 1 year alone average price buyer paid is around £292,200 based on approximately 5 sales in Cumberland Close, Ilford, IG6 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £294,333. 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 £255,857 for 14 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £254,533 per sale.