Flat 57 Spectrum Tower, 2 - 20 Hainault Street

    FLAT 57 SPECTRUM TOWER, 2 - 20, HAINAULT STREET, ILFORD, ILFORD, IG1 4GZ

    This flat/maisonette leasehold property on Hainault Street last sold in May 2003 for £210,000. Based on price growth in the IG1 district since then, its estimated current value is £390,027 — placing it in the 66th percentile nationally and the 40th percentile within IG1. The property covers 57 m² (614 sq ft), giving an estimated value of £6,843 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £210,000

    May 2003

    Estimated Valuation

    £390,027

    Est. £/sq ft

    £636/sq ft

    £6,843/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateOct 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    23 May 2003

    New build

    £210,000

    Key Metrics

    Estimated valuation£390,027
    Value per sq ft / m²£636/sq ft (£6,843/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG1 district percentile40th percentile
    National percentile66th 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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