Flat 38 Spectrum Tower, 2 - 20 Hainault Street

    FLAT 38 SPECTRUM TOWER, 2 - 20, HAINAULT STREET, ILFORD, ILFORD, IG1 4GZ

    This flat/maisonette leasehold property on Hainault Street last sold in April 2003 for £190,000. Based on price growth in the IG1 district since then, its estimated current value is £352,881 — placing it in the 60th percentile nationally and the 36th percentile within IG1. The property covers 63 m² (678 sq ft), giving an estimated value of £5,601 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £190,000

    Apr 2003

    Estimated Valuation

    £352,881

    Est. £/sq ft

    £520/sq ft

    £5,601/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateJul 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    25 Apr 2003

    New build

    £190,000

    Key Metrics

    Estimated valuation£352,881
    Value per sq ft / m²£520/sq ft (£5,601/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG1 district percentile36th percentile
    National percentile60th percentile

    District Context — IG1

    IG1 covers Ilford and surrounding areas in east London, positioned within the outer reaches of Greater London. It is an increasingly diverse, densely populated neighbourhood with strong transport links and a mixed-tenure housing market.

    Average Property Price - IG1

    £463,111

    76

    National percentile

    Average Net Household Income - IG1

    £18,466

    2

    National percentile

    10-Year Annualised Price Growth - IG1

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG1

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