8 Melbourne Road

    8, MELBOURNE ROAD, ILFORD, IG1 4LF

    This terraced freehold property on Melbourne Road last sold in September 2023 for £1,020,000. Based on price growth in the IG1 district since then, its estimated current value is £1,061,171 — placing it in the 96th percentile nationally and the 99th percentile within IG1. The property covers 215 m² (2,314 sq ft), giving an estimated value of £4,936 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,314 sq ft

    215 m²

    Last Sale Price

    £1,020,000

    Sept 2023

    Estimated Valuation

    £1,061,171

    Est. £/sq ft

    £459/sq ft

    £4,936/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area2,314 sq ft (215 m²)
    EPC dateOct 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Sept 2023

    £1,020,000

    Key Metrics

    Estimated valuation£1,061,171
    Value per sq ft / m²£459/sq ft (£4,936/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG1 district percentile99th percentile
    National percentile96th 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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