2a Melbourne Road

    2A, MELBOURNE ROAD, ILFORD, IG1 4LF

    This terraced freehold property on Melbourne Road last sold in May 2014 for £510,000. Based on price growth in the IG1 district since then, its estimated current value is £835,144 — placing it in the 94th percentile nationally and the 95th percentile within IG1. The property covers 72 m² (775 sq ft), giving an estimated value of £11,599 per m². The EPC rating is D, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £510,000

    May 2014

    Estimated Valuation

    £835,144

    Est. £/sq ft

    £1,078/sq ft

    £11,599/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area775 sq ft (72 m²)
    EPC dateJul 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 May 2014

    £510,000

    Key Metrics

    Estimated valuation£835,144
    Value per sq ft / m²£1,078/sq ft (£11,599/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG1 district percentile95th percentile
    National percentile94th 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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