Average Price for property in Wanstead is around £459,239 which varies based on type of property you are interested in and ranges from £1,029,748 for detached house to around £679,567 for semi-detached. Similarly terraced house is around £473,185 and a flat is worth £307,169. Values have been changing and have risen £6,447 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £14,812 in last 6 months, £56,527 in last 1 year, £90,710 in last 2 years, £103,211 in last 3 years, £109,603 in last 4 years and £118,779 in last 5 years.
Currently average asking price of a property in Wanstead is around £428,170 based on approximately 561 properties for sale. Same is the case with rental options based on 187 properties up for rent, average asking rent is around £1,468 per month.
Estimated property value in Wanstead is £459,239. Average asking price is £428,170 while average price paid is £386,448 which is up by £56,527 and Avg. asking rent £1,468.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 Wanstead area. In last 1 year alone average price buyer paid is around £386,448 based on approximately 561 sales in Wanstead area alone. If you compare it to last 3 years sales of 1,702 properties where buyers paid around £352,815. 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 £335,086 for 2,693 and average amount paid for purchase of approx. 3,543 properties sold in last 7 years comes to about £322,645 per sale.