Average Price for property in The Ridings, Romford Road, Chigwell, IG7 is around £209,414 which varies based on type of property you are interested in and ranges from £169,144 for semi-detached to around £210,905 for a flat. Values have been changing and have risen £578 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,512 in last 6 months, £15,085 in last 1 year, £27,987 in last 2 years, £36,378 in last 3 years, £38,169 in last 4 years and £34,443 in last 5 years.
Currently average asking price of a property in The Ridings, Romford Road, Chigwell, IG7 is around £749,951 based on approximately 2 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £2,351 per month.
Estimated property value in The Ridings, Romford Road, Chigwell, IG7 is £209,414. Average asking price is £749,951 while average price paid is £200,750 which is up by £15,085 and Avg. asking rent £2,351.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 The Ridings, Romford Road, Chigwell, IG7 area. In last 1 year alone average price buyer paid is around £200,750 based on approximately 2 sales in The Ridings, Romford Road, Chigwell, IG7 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £170,550. 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 £168,375 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £161,593 per sale.