Average Price for property in Empress Avenue, Cranbrook, Ilford, IG1 is around £309,599 which varies based on type of property you are interested in and ranges from £306,587 for detached house to around £500,213 for semi-detached. Similarly terraced house is around £359,270 and a flat is worth £201,650. Values have been changing and have risen £575 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,956 in last 6 months, £19,953 in last 1 year, £39,862 in last 2 years, £48,710 in last 3 years, £51,765 in last 4 years and £42,250 in last 5 years.
Currently average asking price of a property in Empress Avenue, Cranbrook, Ilford, IG1 is around £331,638 based on approximately 4 properties for sale. Same is the case with rental options based on 366 properties up for rent, average asking rent is around £1,183 per month.
Estimated property value in Empress Avenue, Cranbrook, Ilford, IG1 is £309,599. Average asking price is £331,638 while average price paid is £193,828 which is up by £19,953 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 Empress Avenue, Cranbrook, Ilford, IG1 area. In last 1 year alone average price buyer paid is around £193,828 based on approximately 4 sales in Empress Avenue, Cranbrook, Ilford, IG1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £222,581. 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 £238,230 for 17 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £237,297 per sale.