Average Price for property in New Forest Lane, Chigwell, IG7 is around £1,419,800 e.g. average price for detached house is around 1,419,800. Values have been changing and have risen £3,945 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £23,983 in last 6 months, £103,059 in last 1 year, £191,208 in last 2 years, £248,531 in last 3 years, £260,738 in last 4 years and £235,243 in last 5 years.
Currently average asking price of a property in New Forest Lane, Chigwell, IG7 is around £749,951 based on approximately 1 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £2,351 per month.
Estimated property value in New Forest Lane, Chigwell, IG7 is £1,419,800. Average asking price is £749,951 while average price paid is £1,300,000 which is up by £103,059 and Avg. asking rent £2,351.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 New Forest Lane, Chigwell, IG7 area. In last 1 year alone average price buyer paid is around £1,300,000 based on approximately 1 sales in New Forest Lane, Chigwell, IG7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £1,300,000. 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 £1,106,500 for 2 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £1,099,600 per sale.