Average Price for property in South Chingford is around £376,181 which varies based on type of property you are interested in and ranges from £497,258 for detached house to around £462,019 for semi-detached. Similarly terraced house is around £388,469 and a flat is worth £234,172. Values have been changing and have risen £4,257 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,438 in last 6 months, £42,257 in last 1 year, £75,938 in last 2 years, £85,382 in last 3 years, £88,177 in last 4 years and £93,434 in last 5 years.
Currently average asking price of a property in South Chingford is around £339,646 based on approximately 345 properties for sale. Same is the case with rental options based on 63 properties up for rent, average asking rent is around £1,569 per month.
Estimated property value in South Chingford is £376,181. Average asking price is £339,646 while average price paid is £308,052 which is up by £42,257 and Avg. asking rent £1,569.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 South Chingford area. In last 1 year alone average price buyer paid is around £308,052 based on approximately 345 sales in South Chingford area alone. If you compare it to last 3 years sales of 1,085 properties where buyers paid around £281,793. 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 £268,722 for 1,776 and average amount paid for purchase of approx. 2,350 properties sold in last 7 years comes to about £264,051 per sale.