Values have been changing and have risen £1,562 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,886 in last 6 months, £32,749 in last 1 year, £63,653 in last 2 years, £77,446 in last 3 years, £82,437 in last 4 years and £69,112 in last 5 years.
Currently average asking price of a property in Derwent Gardens, Ilford, IG4 is around £445,227 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,244 per month.
Estimated property value in Derwent Gardens, Ilford, IG4 is £460,841. Average asking price is £445,227 while average price paid is £338,000 which is up by £32,749 and Avg. asking rent £1,244.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 Derwent Gardens, Ilford, IG4 area. In last 1 year alone average price buyer paid is around £338,000 based on approximately 1 sales in Derwent Gardens, Ilford, IG4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £351,000. 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 £351,166 for 6 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £354,333 per sale.