Little Ilford

The Traditional London

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Area Guide For Little Ilford

Little Ilford is a district in the Eastern part of London. It falls under the London Borough of Newham. This area is famous for its schooling and transportation facilities. The average age of people living here falls between 35 and 42, which means that there are good employment opportunities and educational institutions for the people who reside here.

 
 

Tags

Old houses
Church
Transport
Water

Overview

  • The Neighbors

    The area consists of houses that have three to four bedrooms.

  • Ideal for

    People who prefer bigger houses for a cheap amount.

  • Deal Sealer

    If you want to enjoy the old traditional London, this is the place to be.

  • Not for

    People who enjoy leisure activities.

  • You will Like

    Good business and employment opportunities.

Little Ilford Map

Estimated Price: £317,495
Average Asking Price: £316,951
Price change in last one year: £33,899
Average Price Paid: £249,092
Average Rent Rates: £1,474

 
 

Property Prices Breakdown in Little Ilford

Average Price for property in Little Ilford is around £317,495 which varies based on type of property you are interested in and ranges from £523,808 for detached house to around £497,584 for semi-detached. Similarly terraced house is around £331,643 and a flat is worth £218,396. Values have been changing and have risen £2,477 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,896 in last 6 months, £33,899 in last 1 year, £55,917 in last 2 years, £69,331 in last 3 years, £67,885 in last 4 years and £74,298 in last 5 years.

Currently average asking price of a property in Little Ilford is around £316,951 based on approximately 243 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £1,474 per month.

Estimated property value in Little Ilford is £317,495. Average asking price is £316,951 while average price paid is £267,327 which is up by £33,899 and Avg. asking rent £1,474.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 Little Ilford area. In last 1 year alone average price buyer paid is around £267,327 based on approximately 243 sales in Little Ilford area alone. If you compare it to last 3 years sales of 617 properties where buyers paid around £258,018. 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 £249,092 for 967 and average amount paid for purchase of approx. 1,315 properties sold in last 7 years comes to about £243,273 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £350,000, £332,827 for a 3 bedroom house, £389,000 for a 4 bedroom house and £1,150,000 for a 5 bedroom house. For a flat similarly the prices varies from £192,499 for a single bedroom to £218,125 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £223,325. To sum up the asking prices for properties in Little Ilford it comes to around average £209,999 for 1 bedroom property, £218,125 for 2 bedroom, £304,869 for 3 bedroom, £389,000 for 4 bedroom and £1,150,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £470 for 1 bedroom to £1,336 for 2 bedrooms, £1,517 for 3 bedrooms, £1,609 for 4 bedrooms and £4,156 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £838. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,185 and £1,388 for 3 bedroom. You should be generally be expecting around average £792 rent per month for single bedroom property, £1,212 for 2 bedroom, £1,486 for 3 bedroom, £1,609 for 4 bedroom and approximately £4,156 for a 5 bedroom property in Little Ilford area.

Popular Houses in Little Ilford

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Sum it all up

 The Good

- Economic Centres
- Bigger Houses
- Cheap Houses
- Leisure Activities

 Best For

- Young Families
- Students
- Commuters

Transportation in Little Ilford

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