50 Melbourne Road

    50, MELBOURNE ROAD, ILFORD, IG1 4LG

    This terraced freehold property on Melbourne Road last sold in August 2021 for £555,000. Based on price growth in the IG1 district since then, its estimated current value is £597,807 — placing it in the 86th percentile nationally and the 80th percentile within IG1. The property covers 116 m² (1,249 sq ft), giving an estimated value of £5,154 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,249 sq ft

    116 m²

    Last Sale Price

    £555,000

    Aug 2021

    Estimated Valuation

    £597,807

    Est. £/sq ft

    £479/sq ft

    £5,154/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,249 sq ft (116 m²)
    EPC dateOct 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Aug 2021

    £555,000

    22 May 1997

    £94,000

    Key Metrics

    Estimated valuation£597,807
    Value per sq ft / m²£479/sq ft (£5,154/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG1 district percentile80th percentile
    National percentile86th 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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