Average Price for property in Oaks Lane, Ilford, IG2 is around £317,978 which varies based on type of property you are interested in and ranges from £456,224 for detached house to around £350,409 for semi-detached. Similarly terraced house is around £328,683 and a flat is worth £196,660. Values have been changing and have risen £1,986 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,982 in last 6 months, £27,746 in last 1 year, £43,877 in last 2 years, £54,628 in last 3 years, £55,983 in last 4 years and £51,964 in last 5 years.
Currently average asking price of a property in Oaks Lane, Ilford, IG2 is around £323,348 based on approximately 5 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 Oaks Lane, Ilford, IG2 is £317,978. Average asking price is £323,348 while average price paid is £306,400 which is up by £27,746 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 Oaks Lane, Ilford, IG2 area. In last 1 year alone average price buyer paid is around £306,400 based on approximately 5 sales in Oaks Lane, Ilford, IG2 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £262,509. 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 £252,966 for 26 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £247,141 per sale.