Flat 48 Spectrum Tower, 2 - 20 Hainault Street

    FLAT 48 SPECTRUM TOWER, 2 - 20, HAINAULT STREET, ILFORD, IG1 4GZ

    This flat/maisonette leasehold property on Hainault Street last sold in August 2020 for £265,000. Based on price growth in the IG1 district since then, its estimated current value is £296,270 — placing it in the 48th percentile nationally and the 28th percentile within IG1. The property covers 55 m² (592 sq ft), giving an estimated value of £5,387 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £265,000

    Aug 2020

    Estimated Valuation

    £296,270

    Est. £/sq ft

    £500/sq ft

    £5,387/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateMar 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    27 Aug 2020

    £265,000

    20 May 2003

    New build

    £209,995

    Key Metrics

    Estimated valuation£296,270
    Value per sq ft / m²£500/sq ft (£5,387/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG1 district percentile28th percentile
    National percentile48th 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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