Average Price for property in Mayfair Avenue, Cranbrook, Ilford, IG1 is around £351,494 which varies based on type of property you are interested in and ranges from £236,270 for detached house to around £476,431 for semi-detached. Similarly terraced house is around £426,005 and a flat is worth £207,367. Values have been changing and have risen £652 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,624 in last 6 months, £22,650 in last 1 year, £45,253 in last 2 years, £55,298 in last 3 years, £58,765 in last 4 years and £47,963 in last 5 years.
Currently average asking price of a property in Mayfair Avenue, Cranbrook, Ilford, IG1 is around £331,638 based on approximately 1 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 Mayfair Avenue, Cranbrook, Ilford, IG1 is £351,494. Average asking price is £331,638 while average price paid is £355,000 which is up by £22,650 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 Mayfair Avenue, Cranbrook, Ilford, IG1 area. In last 1 year alone average price buyer paid is around £355,000 based on approximately 1 sales in Mayfair Avenue, Cranbrook, Ilford, IG1 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £329,576. 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 £308,527 for 18 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £303,704 per sale.