22b Melbourne Road

    22B, MELBOURNE ROAD, ILFORD, IG1 4LF

    This flat/maisonette leasehold property on Melbourne Road last sold in August 2014 for £130,000. Based on price growth in the IG1 district since then, its estimated current value is £179,955 — placing it in the 19th percentile nationally and the 6th percentile within IG1. The property covers 41 m² (441 sq ft), giving an estimated value of £4,389 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £130,000

    Aug 2014

    Estimated Valuation

    £179,955

    Est. £/sq ft

    £408/sq ft

    £4,389/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateSept 2015
    WallsSolid brick, with external insulation
    HeatingRoom heaters, electric

    Transaction History

    15 Aug 2014

    £130,000

    31 May 2012

    £124,000

    Key Metrics

    Estimated valuation£179,955
    Value per sq ft / m²£408/sq ft (£4,389/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG1 district percentile6th percentile
    National percentile19th 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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