Lessingham Avenue, Clayhall, Ilford, IG5

Street Guide For Lessingham Avenue, Clayhall, Ilford, IG5

 
 

Lessingham Avenue, Clayhall, Ilford, IG5 Map

Estimated Price: £1,178,717
Average Asking Price: £1,454,823
Price change in last one year: £111,045
Average Price Paid: £894,081
Average Rent Rates: £4,142

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Property Prices Breakdown in Lessingham Avenue, Clayhall, Ilford, IG5

Average Price for property in Lessingham Avenue, Clayhall, Ilford, IG5 is around £1,178,717 which varies based on type of property you are interested in and ranges from £4,423,522 for detached house to around £4,640,019 for semi-detached. Similarly terraced house is around £2,719,674 and a flat is worth £1,024,594. Values have been changing and have risen £8,965 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,973 in last 6 months, £111,045 in last 1 year, £237,402 in last 2 years, £292,527 in last 3 years, £316,644 in last 4 years and £333,593 in last 5 years.

Currently average asking price of a property in Lessingham Avenue, Clayhall, Ilford, IG5 is around £1,454,823 based on approximately 135 properties for sale. Same is the case with rental options based on 351 properties up for rent, average asking rent is around £4,142 per month.

Estimated property value in Lessingham Avenue, Clayhall, Ilford, IG5 is £1,178,717. Average asking price is £1,454,823 while average price paid is £1,100,963 which is up by £111,045 and Avg. asking rent £4,142.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 Lessingham Avenue, Clayhall, Ilford, IG5 area. In last 1 year alone average price buyer paid is around £1,100,963 based on approximately 135 sales in Lessingham Avenue, Clayhall, Ilford, IG5 area alone. If you compare it to last 3 years sales of 551 properties where buyers paid around £1,018,481. 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 £894,081 for 976 and average amount paid for purchase of approx. 1,335 properties sold in last 7 years comes to about £828,178 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 £155,000, £1,100,000 for a 2 bedroom house, £2,020,000 for a 3 bedroom house, £5,362,500 for a 4 bedroom house and £10,533,333 for a 5 bedroom house. For a flat similarly the prices varies from £596,514 for a single bedroom to £891,848 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £1,323,327, £2,099,987 for a 4 bedroom flat and £3,300,000 for a 5 bedroom flat. To sum up the asking prices for properties in Lessingham Avenue, Clayhall, Ilford, IG5 it comes to around average £583,135 for 1 bedroom property, £894,161 for 2 bedroom, £1,374,553 for 3 bedroom, £3,731,244 for 4 bedroom and £7,640,000 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 £2,665 for 1 bedroom to £2,643 for 2 bedrooms, £6,748 for 3 bedrooms, £10,563 for 4 bedrooms and £12,783 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £2,175. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £3,971, £4,736 for 3 bedroom, £6,962 for 4 bedroom and around £5,850 for 5 bedroom flat. You should be generally be expecting around average £2,182 rent per month for single bedroom property, £3,905 for 2 bedroom, £4,957 for 3 bedroom, £7,477 for 4 bedroom and approximately £9,316 for a 5 bedroom property in Lessingham Avenue, Clayhall, Ilford, IG5 area.

Popular Houses in Lessingham Avenue, Clayhall, Ilford, IG5

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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