Average Price for property in Richmond Road, Ilford, IG1 is around £291,267 which varies based on type of property you are interested in and ranges from £300,687 for detached house to around £365,700 for semi-detached. Similarly terraced house is around £320,035 and a flat is worth £171,081. Values have been changing and have risen £540 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,661 in last 6 months, £18,771 in last 1 year, £37,503 in last 2 years, £45,828 in last 3 years, £48,703 in last 4 years and £39,751 in last 5 years.
Currently average asking price of a property in Richmond Road, Ilford, IG1 is around £331,638 based on approximately 5 properties for sale. Same is the case with rental options based on 366 properties up for rent, average asking rent is around £1,183 per month.
Estimated property value in Richmond Road, Ilford, IG1 is £291,267. Average asking price is £331,638 while average price paid is £287,500 which is up by £18,771 and Avg. asking rent £1,183.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 Richmond Road, Ilford, IG1 area. In last 1 year alone average price buyer paid is around £287,500 based on approximately 5 sales in Richmond Road, Ilford, IG1 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £264,100. 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 £249,575 for 20 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £249,000 per sale.