The start of a New Year is a fantastic time to take stock of life and see what is happening. It is nice to look back but this information should be used to move forward. This is true for all the major changes in your life but when it comes to making a move in the property market, it should be obvious how important it is to know what the latest property prices are.
At Hansons Estates, we are on hand to help you stay up to date with the latest 2019 property prices in Ilford. No matter what move you are looking to make, you will find that we are local property market specialists who are keen to make a positive impact on your next move. It is important to make an informed decision, so stay in touch to find out more about 2019 property prices in Ilford.
According to Zoopla, the average price paid for property in Ilford, as of January 2019, stands at £430,224. The current average value of property in Ilford stands at £422,989 and this represents an increase of £4,080 with respect to the average value of Ilford property 12 months ago.
While knowing the average price for property in an area is interesting, it may not be too informative. If you are looking to sell a flat in Ilford, knowing the average price paid for all property types is going to give you a misleading figure to use when setting a price. Similarly, if you are looking to buy a detached property, the average price paid for Ilford property isn’t going to help you make an informed decision on what your budget should.
Therefore, it makes sense to consider the average price paid for property types. In the past 12 months, the average price paid for flats in Ilford stands at £263,557 while the average price paid for terraced properties is £455,642. If you have an interest in semi-detached properties, the average price paid stands at £510,678 and for detached properties, the average price paid was £562,074.
Of course, Ilford covers a large area and there are different regions to consider when making a move. As local specialists, we are pleased to say we are hands-on in the local area, and we can provide you with insight and information regarding average prices for property types in certain areas of Ilford.
The following table lists the average price paid for property in the IG1 postcode area in the past 12 months:
Average price paid for flats: £255,842
Average price paid for terraced properties: £447,380
Average price paid for semi-detached properties: £547,472
Average price paid for detached properties: £743,785
If you are more interested in the UG3 postcode area, the following table, detailing the average price paid for property types in the past 12 months, may be of more benefit:
Average price paid for flats: £240,416
Average price paid for terraced properties: £433,594
Average price paid for semi-detached properties: £487,937
Average price paid for detached properties: £493,187
When it comes to making an informed decision in the property market, trust a local expert. If you are keen to make a move in Ilford, get in touch with Hansons Estates.