DA5

Real Estate Area Guide For DA5

 
 

DA5 Map

Estimated Price: £388,609
Average Asking Price: £425,611
Price change in last one year: £41,238
Average Price Paid: £306,514
Average Rent Rates: £1,183

Ram Estate Agent
713 Cranbrook Road, Gants Hill, Ilford, Essex, IG2

Free House valuation

 

Property Prices Breakdown in DA5

Average Price for property in DA5 is around £388,609 which varies based on type of property you are interested in and ranges from £556,963 for detached house to around £381,457 for semi-detached. Similarly terraced house is around £305,966 and a flat is worth £234,607. Values have been changing and have risen £5,450 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,165 in last 6 months, £41,238 in last 1 year, £56,710 in last 2 years, £68,008 in last 3 years, £66,137 in last 4 years and £68,677 in last 5 years.

Currently average asking price of a property in DA5 is around £425,611 based on approximately 291 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,183 per month.

Estimated property value in DA5 is £388,609. Average asking price is £425,611 while average price paid is £338,690 which is up by £41,238 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 DA5 area. In last 1 year alone average price buyer paid is around £338,690 based on approximately 291 sales in DA5 area alone. If you compare it to last 3 years sales of 949 properties where buyers paid around £314,123. 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 £306,514 for 1,506 and average amount paid for purchase of approx. 1,865 properties sold in last 7 years comes to about £302,020 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 2 bedroom is around £327,772, £374,639 for a 3 bedroom house, £544,642 for a 4 bedroom house and £648,987 for a 5 bedroom house. For a flat similarly the prices varies from £229,995 for a single bedroom to £270,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £390,000. To sum up the asking prices for properties in DA5 it comes to around average £229,995 for 1 bedroom property, £300,585 for 2 bedroom, £378,052 for 3 bedroom, £544,642 for 4 bedroom and £648,987 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 £550 for 1 bedroom to £1,099 for 2 bedroom, £1,438 for 3 bedroom and £1,874 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £1,017. You should be generally be expecting around average £550 rent per month for single bedroom property, £1,050 for 2 bedroom, £1,438 for 3 bedroom and approximately £1,874 for 4 bedroom property in DA5 area.

Popular Houses in DA5

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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