Average Price for property in Lambourne Road, Chigwell, IG7 is around £531,054 which varies based on type of property you are interested in and ranges from £759,352 for detached house to around £489,640 for semi-detached. Similarly terraced house is around £345,486 and a flat is worth £243,096. Values have been changing and have risen £1,496 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,091 in last 6 months, £39,062 in last 1 year, £72,475 in last 2 years, £94,203 in last 3 years, £98,834 in last 4 years and £89,176 in last 5 years.
Currently average asking price of a property in Lambourne Road, Chigwell, IG7 is around £749,951 based on approximately 4 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £2,351 per month.
Estimated property value in Lambourne Road, Chigwell, IG7 is £531,054. Average asking price is £749,951 while average price paid is £308,500 which is up by £39,062 and Avg. asking rent £2,351.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 Lambourne Road, Chigwell, IG7 area. In last 1 year alone average price buyer paid is around £308,500 based on approximately 4 sales in Lambourne Road, Chigwell, IG7 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £400,259. 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 £368,712 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £357,338 per sale.