2 Droveway

    2, DROVEWAY, LOUGHTON, LOUGHTON, IG10 2LZ

    This flat/maisonette leasehold property on Droveway last sold in June 1997 for £40,000. Based on price growth in the IG10 district since then, its estimated current value is £240,951 — placing it in the 35th percentile nationally and the 3rd percentile within IG10. The property covers 38 m² (409 sq ft), giving an estimated value of £6,341 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    409 sq ft

    38 m²

    Last Sale Price

    £40,000

    Jun 1997

    Estimated Valuation

    £240,951

    Est. £/sq ft

    £589/sq ft

    £6,341/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area409 sq ft (38 m²)
    EPC dateJun 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    16 Jun 1997

    £40,000

    Key Metrics

    Estimated valuation£240,951
    Value per sq ft / m²£589/sq ft (£6,341/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG10 district percentile3rd percentile
    National percentile35th percentile

    District Context — IG10

    IG10 covers the Loughton area in Essex, situated in the western part of the postcode area close to London's green belt. The district is characterised by suburban residential appeal with strong family orientation and established community infrastructure.

    Average Property Price - IG10

    £607,903

    90

    National percentile

    Average Net Household Income - IG10

    £49,750

    88

    National percentile

    10-Year Annualised Price Growth - IG10

    2.8%

    21

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG10

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