Laurel Close, Ilford, IG6

Street Guide For Laurel Close, Ilford, IG6

 
 

Laurel Close, Ilford, IG6 Map

Estimated Price: £346,451
Average Asking Price: £386,107
Price change in last one year: £25,731
Average Price Paid: £265,899
Average Rent Rates: £1,460

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

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Property Prices Breakdown in Laurel Close, Ilford, IG6

Average Price for property in Laurel Close, Ilford, IG6 is around £346,451 which varies based on type of property you are interested in and ranges from £353,544 for semi-detached to around £345,925 for terraced house. Values have been changing and have risen £2,274 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,434 in last 6 months, £25,731 in last 1 year, £50,100 in last 2 years, £60,845 in last 3 years, £63,892 in last 4 years and £55,298 in last 5 years.

Currently average asking price of a property in Laurel Close, Ilford, IG6 is around £386,107 based on approximately 2 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £1,460 per month.

Estimated property value in Laurel Close, Ilford, IG6 is £346,451. Average asking price is £386,107 while average price paid is £305,000 which is up by £25,731 and Avg. asking rent £1,460.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 Laurel Close, Ilford, IG6 area. In last 1 year alone average price buyer paid is around £305,000 based on approximately 2 sales in Laurel Close, Ilford, IG6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £286,666. 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 £265,899 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £267,733 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 1 bedroom is around £236,666, £324,987 for a 2 bedroom house, £363,914 for a 3 bedroom house, £487,470 for a 4 bedroom house and £487,499 for a 5 bedroom house. For a flat similarly the prices varies from £189,998 for a single bedroom to £252,243 for a 2 bedroom Flat. To sum up the asking prices for properties in Laurel Close, Ilford, IG6 it comes to around average £207,498 for 1 bedroom property, £273,027 for 2 bedroom, £363,914 for 3 bedroom, £487,470 for 4 bedroom and £487,499 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 £501 for 1 bedroom to £1,287 for 2 bedroom, £1,489 for 3 bedroom and £2,214 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £964. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,204, £1,258 for 3 bedroom and £1,549 for 4 bedroom. You should be generally be expecting around average £880 rent per month for single bedroom property, £1,216 for 2 bedroom, £1,448 for 3 bedroom and approximately £2,093 for 4 bedroom property in Laurel Close, Ilford, IG6 area.

Popular Houses in Laurel Close, Ilford, IG6

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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