Average Price for property in Madras Road, Ilford, IG1 is around £251,414 which varies based on type of property you are interested in and ranges from £264,757 for terraced house to around £171,355 for a flat. Values have been changing and have risen £466 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,024 in last 6 months, £16,204 in last 1 year, £32,373 in last 2 years, £39,558 in last 3 years, £42,040 in last 4 years and £34,316 in last 5 years.
Currently average asking price of a property in Madras Road, Ilford, IG1 is around £331,638 based on approximately 2 properties for sale. Same is the case with rental options based on 366 properties up for rent, average asking rent is around £1,183 per month.
Estimated property value in Madras Road, Ilford, IG1 is £251,414. Average asking price is £331,638 while average price paid is £182,500 which is up by £16,204 and Avg. asking rent £1,183.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 Madras Road, Ilford, IG1 area. In last 1 year alone average price buyer paid is around £182,500 based on approximately 2 sales in Madras Road, Ilford, IG1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £180,000. 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 £184,285 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £200,555 per sale.