Average Price for property in Fernie Close, Chigwell, IG7 is around £269,338 e.g. average price for terraced house is around 269,338. Values have been changing and have risen £781 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,746 in last 6 months, £20,390 in last 1 year, £37,832 in last 2 years, £49,175 in last 3 years, £51,594 in last 4 years and £46,556 in last 5 years.
Currently average asking price of a property in Fernie Close, Chigwell, IG7 is around £749,951 based on approximately 1 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £2,351 per month.
Estimated property value in Fernie Close, Chigwell, IG7 is £269,338. Average asking price is £749,951 while average price paid is £265,000 which is up by £20,390 and Avg. asking rent £2,351.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 Fernie Close, Chigwell, IG7 area. In last 1 year alone average price buyer paid is around £265,000 based on approximately 1 sales in Fernie Close, Chigwell, IG7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £250,000. 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 £250,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £250,000 per sale.