Flat 50 Spectrum Tower, 2 - 20 Hainault Street

    FLAT 50 SPECTRUM TOWER, 2 - 20, HAINAULT STREET, ILFORD, IG1 4GZ

    This flat/maisonette leasehold property on Hainault Street last sold in May 2022 for £286,000. Based on price growth in the IG1 district since then, its estimated current value is £285,746 — placing it in the 46th percentile nationally and the 27th percentile within IG1. The property covers 51 m² (549 sq ft), giving an estimated value of £5,603 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £286,000

    May 2022

    Estimated Valuation

    £285,746

    Est. £/sq ft

    £521/sq ft

    £5,603/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 potentialB
    Floor area549 sq ft (51 m²)
    EPC dateSept 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    13 May 2022

    £286,000

    20 May 2003

    New build

    £215,995

    Key Metrics

    Estimated valuation£285,746
    Value per sq ft / m²£521/sq ft (£5,603/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG1 district percentile27th percentile
    National percentile46th 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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