Values have been changing and have risen £1,557 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,260 in last 6 months, £21,768 in last 1 year, £34,426 in last 2 years, £42,863 in last 3 years, £43,928 in last 4 years and £40,776 in last 5 years.
Currently average asking price of a property in Lynn Road, Ilford, IG2 is around £323,348 based on approximately 1 properties for sale. Same is the case with rental options based on 111 properties up for rent, average asking rent is around £1,596 per month.
Estimated property value in Lynn Road, Ilford, IG2 is £249,461. Average asking price is £323,348 while average price paid is £190,000 which is up by £21,768 and Avg. asking rent £1,596.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 Lynn Road, Ilford, IG2 area. In last 1 year alone average price buyer paid is around £190,000 based on approximately 1 sales in Lynn Road, Ilford, IG2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £167,500. 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 £181,541 for 12 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £180,441 per sale.