Average Price for property in Meldrum Road, Goodmayes, Ilford, IG3 is around £406,533 which varies based on type of property you are interested in and ranges from £617,506 for detached house to around £373,579 for semi-detached. Similarly terraced house is around £375,957. Values have been changing and have risen £571 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,269 in last 6 months, £30,243 in last 1 year, £58,591 in last 2 years, £68,037 in last 3 years, £71,413 in last 4 years and £59,221 in last 5 years.
Currently average asking price of a property in Meldrum Road, Goodmayes, Ilford, IG3 is around £428,084 based on approximately 4 properties for sale. Same is the case with rental options based on 171 properties up for rent, average asking rent is around £1,226 per month.
Estimated property value in Meldrum Road, Goodmayes, Ilford, IG3 is £406,533. Average asking price is £428,084 while average price paid is £323,125 which is up by £30,243 and Avg. asking rent £1,226.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 Meldrum Road, Goodmayes, Ilford, IG3 area. In last 1 year alone average price buyer paid is around £323,125 based on approximately 4 sales in Meldrum Road, Goodmayes, Ilford, IG3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £308,500. 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 £308,750 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £308,750 per sale.