Flat 23 Spectrum Tower, 2 - 20 Hainault Street

    FLAT 23 SPECTRUM TOWER, 2 - 20, HAINAULT STREET, ILFORD, IG1 4GZ

    This flat/maisonette leasehold property on Hainault Street last sold in October 2020 for £282,500. Based on price growth in the IG1 district since then, its estimated current value is £315,835 — placing it in the 53rd percentile nationally and the 31st percentile within IG1. The property covers 55 m² (592 sq ft), giving an estimated value of £5,742 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £282,500

    Oct 2020

    Estimated Valuation

    £315,835

    Est. £/sq ft

    £533/sq ft

    £5,742/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateMar 2014
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 Oct 2020

    £282,500

    23 Apr 2003

    New build

    £170,995

    Key Metrics

    Estimated valuation£315,835
    Value per sq ft / m²£533/sq ft (£5,742/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG1 district percentile31st percentile
    National percentile53rd 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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