Average Price for property in Orchard Way, Chigwell, IG7 is around £383,673 which varies based on type of property you are interested in and ranges from £405,694 for detached house to around £387,510 for semi-detached. Similarly terraced house is around £376,287. Values have been changing and have risen £1,067 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,481 in last 6 months, £27,847 in last 1 year, £51,666 in last 2 years, £67,159 in last 3 years, £70,461 in last 4 years and £63,577 in last 5 years.
Currently average asking price of a property in Orchard Way, Chigwell, IG7 is around £749,951 based on approximately 4 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 Orchard Way, Chigwell, IG7 is £383,673. Average asking price is £749,951 while average price paid is £309,500 which is up by £27,847 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 Orchard Way, Chigwell, IG7 area. In last 1 year alone average price buyer paid is around £309,500 based on approximately 4 sales in Orchard Way, Chigwell, IG7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £308,285. 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 £313,909 for 11 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £308,583 per sale.