Lambourne Road, Ilford, IG3

Street Guide For Lambourne Road, Ilford, IG3

 

Lambourne Road, Ilford, IG3 Map

Estimated Price: £290,855
Average Asking Price: £428,084
Price change in last one year: £21,639
Average Price Paid: £252,250
Average Rent Rates: £1,226

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213 Cranbrook Road, Ilford,

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Property Prices Breakdown in Lambourne Road, Ilford, IG3

Average Price for property in Lambourne Road, Ilford, IG3 is around £290,855 which varies based on type of property you are interested in and ranges from £294,958 for semi-detached to around £290,702 for terraced house. Values have been changing and have risen £408 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,485 in last 6 months, £21,639 in last 1 year, £41,922 in last 2 years, £48,681 in last 3 years, £51,097 in last 4 years and £42,376 in last 5 years.

Currently average asking price of a property in Lambourne Road, Ilford, IG3 is around £428,084 based on approximately 1 properties for sale. Same is the case with rental options based on 171 properties up for rent, average asking rent is around £1,226 per month.

Estimated property value in Lambourne Road, Ilford, IG3 is £290,855. Average asking price is £428,084 while average price paid is £275,000 which is up by £21,639 and Avg. asking rent £1,226.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, Ilford, IG3 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 1 sales in Lambourne Road, Ilford, IG3 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £275,000. 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 £252,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £252,250 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 2 bedroom is around £279,498, £362,500 for a 3 bedroom house, £452,606 for a 4 bedroom house and £534,999 for a 5 bedroom house. For a flat similarly the prices varies from £157,776 for a single bedroom to £202,307 for a 2 bedroom Flat. To sum up the asking prices for properties in Lambourne Road, Ilford, IG3 it comes to around average £157,776 for 1 bedroom property, £235,868 for 2 bedroom, £362,500 for 3 bedroom, £452,606 for 4 bedroom and £534,999 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 £628 for 1 bedroom to £1,198 for 2 bedrooms, £1,438 for 3 bedrooms, £1,725 for 4 bedrooms and £2,031 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £973. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,105 and £1,224 for 3 bedroom. You should be generally be expecting around average £941 rent per month for single bedroom property, £1,125 for 2 bedroom, £1,422 for 3 bedroom, £1,725 for 4 bedroom and approximately £2,031 for a 5 bedroom property in Lambourne Road, Ilford, IG3 area.

Popular Houses in Lambourne Road, Ilford, IG3

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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Areas in and around Lambourne Road, Ilford, IG3