Average Price for property in Prospect Road, Woodford Green, IG8 is around £336,878 which varies based on type of property you are interested in and ranges from £444,852 for detached house to around £373,936 for semi-detached. Similarly terraced house is around £357,216 and a flat is worth £205,435. Values have been changing and have risen £1,819 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,417 in last 6 months, £25,003 in last 1 year, £46,439 in last 2 years, £53,945 in last 3 years, £61,060 in last 4 years and £51,169 in last 5 years.
Currently average asking price of a property in Prospect Road, Woodford Green, IG8 is around £580,251 based on approximately 10 properties for sale. Same is the case with rental options based on 97 properties up for rent, average asking rent is around £1,559 per month.
Estimated property value in Prospect Road, Woodford Green, IG8 is £336,878. Average asking price is £580,251 while average price paid is £301,009 which is up by £25,003 and Avg. asking rent £1,559.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 Prospect Road, Woodford Green, IG8 area. In last 1 year alone average price buyer paid is around £301,009 based on approximately 10 sales in Prospect Road, Woodford Green, IG8 area alone. If you compare it to last 3 years sales of 35 properties where buyers paid around £287,845. 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 £286,172 for 54 and average amount paid for purchase of approx. 65 properties sold in last 7 years comes to about £277,473 per sale.