8 Vernon Road

    8, VERNON ROAD, ILFORD, IG3 8DL

    This terraced freehold property on Vernon Road last sold in May 2020 for £245,093. Based on price growth in the IG3 district since then, its estimated current value is £274,167 — placing it in the 43rd percentile nationally and the 8th percentile within IG3. The property covers 147 m² (1,582 sq ft), giving an estimated value of £1,865 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,582 sq ft

    147 m²

    Last Sale Price

    £245,093

    May 2020

    Estimated Valuation

    £274,167

    Est. £/sq ft

    £173/sq ft

    £1,865/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,582 sq ft (147 m²)
    EPC dateMar 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 May 2020

    £245,093

    31 May 1995

    £81,500

    Key Metrics

    Estimated valuation£274,167
    Value per sq ft / m²£173/sq ft (£1,865/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile8th percentile
    National percentile43rd percentile

    District Context — IG3

    IG3 covers parts of Ilford and surrounding areas in east London, positioned within Greater London's outer reaches. It is a densely populated, diverse residential district with a strong rental market and family-oriented character.

    Average Property Price - IG3

    £499,618

    80

    National percentile

    Average Net Household Income - IG3

    £40,267

    59

    National percentile

    10-Year Annualised Price Growth - IG3

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG3

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