Area Guide For Greenford

Greenford is a large suburb in the London Borough of Ealing in West London. Considered to be the birthplace of the modern organic chemical industry.  The old grounds of the former Ravenor Farm have now become Greenford’s largest park. It is the venue for the annual Greenford Carnival, which is held every July. The London Motorcycle Museum is the capitals only motorcycle museum, opening in 1999 with a display of around 60 exhibits and now have around 200 exhibits on display including a wide range of bikes & memorabilia as well as knowledgeable staff.


Greenford Map

Estimated Price: £361,758
Average Asking Price: £436,050
Price change in last one year: £44,369
Average Price Paid: £276,318
Average Rent Rates: £1,657


Property Prices Breakdown in Greenford

Average Price for property in Greenford is around £361,758 which varies based on type of property you are interested in and ranges from £474,342 for detached house to around £422,810 for semi-detached. Similarly terraced house is around £371,753 and a flat is worth £250,550. Values have been changing and have risen £2,932 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,012 in last 6 months, £44,369 in last 1 year, £64,387 in last 2 years, £76,600 in last 3 years, £68,090 in last 4 years and £74,978 in last 5 years.

Currently average asking price of a property in Greenford is around £436,050 based on approximately 344 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £1,657 per month.

Estimated property value in Greenford is £361,758. Average asking price is £436,050 while average price paid is £319,645 which is up by £44,369 and Avg. asking rent £1,657.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 Greenford area. In last 1 year alone average price buyer paid is around £319,645 based on approximately 344 sales in Greenford area alone. If you compare it to last 3 years sales of 1,094 properties where buyers paid around £289,495. 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 £276,318 for 1,792 and average amount paid for purchase of approx. 2,432 properties sold in last 7 years comes to about £270,523 per sale.


Properties For Sale in Greenford


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 £270,000, £369,983 for a 2 bedroom house, £417,583 for a 3 bedroom house, £521,739 for a 4 bedroom house and £574,167 for a 5 bedroom house. For a flat similarly the prices varies from £207,728 for a single bedroom to £267,702 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £283,738. To sum up the asking prices for properties in Greenford it comes to around average £211,005 for 1 bedroom property, £281,043 for 2 bedroom, £409,085 for 3 bedroom, £521,739 for 4 bedroom and £574,167 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 £583 for 1 bedroom to £1,358 for 2 bedrooms, £1,685 for 3 bedrooms, £1,925 for 4 bedrooms and £2,201 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,021. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,469. You should be generally be expecting around average £836 rent per month for single bedroom property, £1,457 for 2 bedroom, £1,685 for 3 bedroom, £1,925 for 4 bedroom and approximately £2,201 for a 5 bedroom property in Greenford area.

Popular Houses in Greenford

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.

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