Values have been changing and have risen £272 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,980 in last 6 months, £14,371 in last 1 year, £27,842 in last 2 years, £32,333 in last 3 years, £33,938 in last 4 years and £28,151 in last 5 years.
Currently average asking price of a property in Fenman Gardens, Goodmayes, Ilford, IG3 is around £428,084 based on approximately 4 properties for sale. Same is the case with rental options based on 171 properties up for rent, average asking rent is around £1,226 per month.
Estimated property value in Fenman Gardens, Goodmayes, Ilford, IG3 is £193,140. Average asking price is £428,084 while average price paid is £141,487 which is up by £14,371 and Avg. asking rent £1,226.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 Fenman Gardens, Goodmayes, Ilford, IG3 area. In last 1 year alone average price buyer paid is around £141,487 based on approximately 4 sales in Fenman Gardens, Goodmayes, Ilford, IG3 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £156,866. 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 £155,545 for 24 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £158,400 per sale.