2 Wessex Close

    2, WESSEX CLOSE, ILFORD, IG3 8JT

    This terraced freehold property on Wessex Close last sold in October 2016 for £341,000. Based on price growth in the IG3 district since then, its estimated current value is £432,207 — placing it in the 72nd percentile nationally and the 32nd percentile within IG3. The property covers 79 m² (850 sq ft), giving an estimated value of £5,471 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £341,000

    Oct 2016

    Estimated Valuation

    £432,207

    Est. £/sq ft

    £508/sq ft

    £5,471/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateAug 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Oct 2016

    £341,000

    28 May 2008

    £195,000

    14 Nov 2005

    £194,000

    Key Metrics

    Estimated valuation£432,207
    Value per sq ft / m²£508/sq ft (£5,471/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile32nd percentile
    National percentile72nd 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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