Average Price for property in Chingford is around £395,638 which varies based on type of property you are interested in and ranges from £720,713 for detached house to around £479,379 for semi-detached. Similarly terraced house is around £381,359 and a flat is worth £248,571. Values have been changing and have risen £4,567 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,052 in last 6 months, £45,337 in last 1 year, £81,475 in last 2 years, £91,607 in last 3 years, £94,606 in last 4 years and £100,243 in last 5 years.
Currently average asking price of a property in Chingford is around £374,012 based on approximately 692 properties for sale. Same is the case with rental options based on 105 properties up for rent, average asking rent is around £1,729 per month.
Estimated property value in Chingford is £395,638. Average asking price is £374,012 while average price paid is £326,490 which is up by £45,337 and Avg. asking rent £1,729.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 Chingford area. In last 1 year alone average price buyer paid is around £326,490 based on approximately 692 sales in Chingford area alone. If you compare it to last 3 years sales of 2,135 properties where buyers paid around £297,609. 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 £286,353 for 3,441 and average amount paid for purchase of approx. 4,586 properties sold in last 7 years comes to about £279,088 per sale.