Average Price for property in Summit Drive, Woodford Green, IG8 is around £467,536 which varies based on type of property you are interested in and ranges from £471,715 for semi-detached to around £418,780 for terraced house. Values have been changing and have risen £2,524 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,679 in last 6 months, £34,698 in last 1 year, £64,444 in last 2 years, £74,859 in last 3 years, £84,734 in last 4 years and £71,005 in last 5 years.
Currently average asking price of a property in Summit Drive, Woodford Green, IG8 is around £580,251 based on approximately 6 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 Summit Drive, Woodford Green, IG8 is £467,536. Average asking price is £580,251 while average price paid is £417,083 which is up by £34,698 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 Summit Drive, Woodford Green, IG8 area. In last 1 year alone average price buyer paid is around £417,083 based on approximately 6 sales in Summit Drive, Woodford Green, IG8 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £418,363. 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 £393,684 for 19 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £387,095 per sale.