Shenfield Road, Woodford Green, IG8

Street Guide For Shenfield Road, Woodford Green, IG8

 
 

Shenfield Road, Woodford Green, IG8 Map

Estimated Price: £475,732
Average Asking Price: £580,251
Price change in last one year: £35,307
Average Price Paid: £373,625
Average Rent Rates: £1,559

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Property Prices Breakdown in Shenfield Road, Woodford Green, IG8

Average Price for property in Shenfield Road, Woodford Green, IG8 is around £475,732 which varies based on type of property you are interested in and ranges from £533,713 for detached house to around £585,826 for semi-detached. Similarly terraced house is around £411,982. Values have been changing and have risen £2,568 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,884 in last 6 months, £35,307 in last 1 year, £65,572 in last 2 years, £76,169 in last 3 years, £86,215 in last 4 years and £72,245 in last 5 years.

Currently average asking price of a property in Shenfield Road, Woodford Green, IG8 is around £580,251 based on approximately 0 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 Shenfield Road, Woodford Green, IG8 is £475,732. Average asking price is £580,251 while average price paid is £400,000 which is up by £76,169 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 Shenfield Road, Woodford Green, IG8 area. In last 3 years alone average price buyer paid is around £400,000 based on approximately 1 sales in Shenfield Road, Woodford Green, IG8 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £373,625. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £373,625 for 4 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £361,249, £472,927 for a 3 bedroom house, £710,406 for a 4 bedroom house and £1,006,800 for a 5 bedroom house. For a flat similarly the prices varies from £189,317 for a single bedroom to £468,703 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £569,090 and £489,975 for a 4 bedroom flat. To sum up the asking prices for properties in Shenfield Road, Woodford Green, IG8 it comes to around average £189,317 for 1 bedroom property, £444,142 for 2 bedroom, £495,922 for 3 bedroom, £701,762 for 4 bedroom and £1,006,800 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £652 for 1 bedroom to £1,489 for 2 bedrooms, £1,621 for 3 bedrooms, £2,109 for 4 bedrooms and £2,081 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £993. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,529 and £1,826 for 3 bedroom. You should be generally be expecting around average £925 rent per month for single bedroom property, £1,522 for 2 bedroom, £1,700 for 3 bedroom, £2,109 for 4 bedroom and approximately £2,081 for a 5 bedroom property in Shenfield Road, Woodford Green, IG8 area.

Popular Houses in Shenfield Road, Woodford Green, IG8

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Shenfield Road, Woodford Green, IG8