Average Price for property in Sovereign Road, Barking, IG11 is around £253,950 which varies based on type of property you are interested in and ranges from £410,316 for detached house to around £282,674 for semi-detached. Similarly terraced house is around £235,394. Values have been changing and have risen £541 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,495 in last 6 months, £21,161 in last 1 year, £35,628 in last 2 years, £41,859 in last 3 years, £44,979 in last 4 years and £36,041 in last 5 years.
Currently average asking price of a property in Sovereign Road, Barking, IG11 is around £249,169 based on approximately 1 properties for sale. Same is the case with rental options based on 250 properties up for rent, average asking rent is around £1,784 per month.
Estimated property value in Sovereign Road, Barking, IG11 is £253,950. Average asking price is £249,169 while average price paid is £200,000 which is up by £21,161 and Avg. asking rent £1,784.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 Sovereign Road, Barking, IG11 area. In last 1 year alone average price buyer paid is around £200,000 based on approximately 1 sales in Sovereign Road, Barking, IG11 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £200,000. 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 £181,500 for 2 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £197,285 per sale.