2 Friars Close

    2, FRIARS CLOSE, ILFORD, IG1 4AZ

    This flat/maisonette leasehold property on Friars Close last sold in May 2022 for £235,000. Based on price growth in the IG1 district since then, its estimated current value is £234,791 — placing it in the 33rd percentile nationally and the 15th percentile within IG1. The property covers 47 m² (506 sq ft), giving an estimated value of £4,996 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £235,000

    May 2022

    Estimated Valuation

    £234,791

    Est. £/sq ft

    £464/sq ft

    £4,996/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateMay 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 May 2022

    £235,000

    19 Nov 2004

    £133,000

    28 Nov 2003

    £125,000

    2 Jul 2002

    New build

    £119,000

    Key Metrics

    Estimated valuation£234,791
    Value per sq ft / m²£464/sq ft (£4,996/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG1 district percentile15th percentile
    National percentile33rd 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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