25 Springfield Drive

    25, SPRINGFIELD DRIVE, ILFORD, IG2 6PT

    This terraced freehold property on Springfield Drive last sold in February 2023 for £506,000. Based on price growth in the IG2 district since then, its estimated current value is £514,913 — placing it in the 80th percentile nationally and the 48th percentile within IG2. The property covers 77 m² (829 sq ft), giving an estimated value of £6,687 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £506,000

    Feb 2023

    Estimated Valuation

    £514,913

    Est. £/sq ft

    £621/sq ft

    £6,687/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Feb 2023

    £506,000

    21 Dec 2021

    £451,000

    Key Metrics

    Estimated valuation£514,913
    Value per sq ft / m²£621/sq ft (£6,687/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG2 district percentile48th percentile
    National percentile80th percentile

    District Context — IG2

    IG2 covers parts of Ilford and surrounding areas in east London, positioned within the broader Redbridge borough. The district is a mixed residential and suburban community with strong transport links and diverse population.

    Average Property Price - IG2

    £461,781

    76

    National percentile

    Average Net Household Income - IG2

    £42,567

    68

    National percentile

    10-Year Annualised Price Growth - IG2

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG2

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