Average Price for property in Forest Road, Woodford Green, IG8 is around £554,084 which varies based on type of property you are interested in and ranges from £733,444 for semi-detached to around £524,191 for terraced house. Values have been changing and have risen £2,991 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,841 in last 6 months, £41,120 in last 1 year, £76,371 in last 2 years, £88,714 in last 3 years, £100,413 in last 4 years and £84,140 in last 5 years.
Currently average asking price of a property in Forest Road, Woodford Green, IG8 is around £580,251 based on approximately 1 properties for sale. Same is the case with rental options based on 97 properties up for rent, average asking rent is around £1,559 per month.
Estimated property value in Forest Road, Woodford Green, IG8 is £554,084. Average asking price is £580,251 while average price paid is £641,000 which is up by £41,120 and Avg. asking rent £1,559.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 Forest Road, Woodford Green, IG8 area. In last 1 year alone average price buyer paid is around £641,000 based on approximately 1 sales in Forest Road, Woodford Green, IG8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £473,833. 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 £473,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £473,833 per sale.