Average Price for property in Woodford is around £496,311 which varies based on type of property you are interested in and ranges from £1,051,077 for detached house to around £693,371 for semi-detached. Similarly terraced house is around £528,996 and a flat is worth £327,589. Values have been changing and have risen £7,184 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,430 in last 6 months, £60,476 in last 1 year, £105,805 in last 2 years, £114,340 in last 3 years, £117,614 in last 4 years and £126,860 in last 5 years.
Currently average asking price of a property in Woodford is around £565,882 based on approximately 358 properties for sale. Same is the case with rental options based on 65 properties up for rent, average asking rent is around £1,374 per month.
Estimated property value in Woodford is £496,311. Average asking price is £565,882 while average price paid is £373,625 which is up by £60,476 and Avg. asking rent £1,374.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 Woodford area. In last 1 year alone average price buyer paid is around £373,625 based on approximately 358 sales in Woodford area alone. If you compare it to last 3 years sales of 949 properties where buyers paid around £354,645. 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 £344,732 for 1,579 and average amount paid for purchase of approx. 2,208 properties sold in last 7 years comes to about £333,151 per sale.