IG4

Real Estate Area Guide For IG4

 
 

IG4 Map

Estimated Price: £409,682
Average Asking Price: £440,237
Price change in last one year: £29,816
Average Price Paid: £325,957
Average Rent Rates: £1,272

Blue Satin Homes
Olympic House, 28-42 Clements Road, Ilford IG1 1BA

Free House valuation

 

Property Prices Breakdown in IG4

Average Price for property in IG4 is around £409,682 which varies based on type of property you are interested in and ranges from £508,116 for detached house to around £490,904 for semi-detached. Similarly terraced house is around £417,949 and a flat is worth £201,485. Values have been changing and have risen £1,422 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,091 in last 6 months, £29,816 in last 1 year, £57,953 in last 2 years, £70,511 in last 3 years, £75,055 in last 4 years and £62,923 in last 5 years.

Currently average asking price of a property in IG4 is around £440,237 based on approximately 86 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,272 per month.

Estimated property value in IG4 is £409,682. Average asking price is £440,237 while average price paid is £346,955 which is up by £29,816 and Avg. asking rent £1,272.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 IG4 area. In last 1 year alone average price buyer paid is around £346,955 based on approximately 86 sales in IG4 area alone. If you compare it to last 3 years sales of 243 properties where buyers paid around £335,466. 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 £325,957 for 395 and average amount paid for purchase of approx. 554 properties sold in last 7 years comes to about £316,753 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 3 bedroom is around £460,999, £549,375 for a 4 bedroom house and £525,000 for a 5 bedroom house. For a flat the prices of single bedroom is £111,248. To sum up the asking prices for properties in IG4 it comes to around average £111,248 for 1 bedroom property, £460,999 for 3 bedroom, £549,375 for 4 bedroom and £525,000 for 5 bedroom.

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 £1,300 for 2 bedroom to £1,600 for 3 bedroom and £2,002 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £849. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,167 and £1,300 for 3 bedroom. You should be generally be expecting around average £850 rent per month for single bedroom property, £1,220 for 2 bedroom, £1,550 for 3 bedroom and approximately £2,002 for 4 bedroom property in IG4 area.

Popular Houses in IG4

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.

Browse by Streets in IG4