Chingford House Prices, London
Chingford is an area, located in the borough Waltham Forest.
Chingford House Prices
![Chingford house prices chart Chingford house prices chart](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-area-147.webp)
As of June, 2024, the average house prices in Chingford are as follows:
- 1 bedroom flat – £305,000 (2.09%)
- 2 bedroom flat – £385,000 (-4.52%)
- 3 bedroom flat – £575,000 (-0.32%)
- 4 bedroom flat – £685,000 (-0.9%)
- 5 bedroom flat – £798,000 (-11.8%)
Keep in mind that these are simply the average rates for Chingford house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Chingford, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Chingford house price is £550,000, low by 0% as of £550,000 in May, 2024.
- Currently, there are 705 houses for sale and an average of 27 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Chingford house prices.
Chingford House Prices Growth
![Chingford house price growth Chingford house price growth](https://image.howtoestate.com/@howtoestate-website-images/charts/house-prices-growth-area-147.webp)
The average house price in Chingford over the last 5 years is as follows:
- 2019-06 – £429,644
- 2020-06 – £426,646 (-0.7%)
- 2021-06 – £472,329 (10.71%)
- 2022-06 – £471,109 (-0.26%)
- 2023-06 – £515,034 (9.32%)
- 2024-06 – £500,375 (-2.85%)
Sold house prices in Chingford have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 16%. Thus, if the trend continues, purchasing real estate in Chingford in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Chingford house prices, it’s also wise to keep an eye on house rent prices in Chingford. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Chingford.