Values have been changing and have risen £2,469 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,155 in last 6 months, £27,927 in last 1 year, £54,373 in last 2 years, £66,033 in last 3 years, £69,339 in last 4 years and £60,011 in last 5 years.
Currently average asking price of a property in Genas Close, Ilford, IG6 is around £386,107 based on approximately 9 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £1,460 per month.
Estimated property value in Genas Close, Ilford, IG6 is £375,980. Average asking price is £386,107 while average price paid is £368,755 which is up by £27,927 and Avg. asking rent £1,460.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 Genas Close, Ilford, IG6 area. In last 1 year alone average price buyer paid is around £368,755 based on approximately 9 sales in Genas Close, Ilford, IG6 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £304,647. 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 £303,968 for 22 and average amount paid for purchase of approx. 47 properties sold in last 7 years comes to about £315,774 per sale.