40 Spencer Road

    40, SPENCER ROAD, ILFORD, ILFORD, IG3 8PW

    This terraced freehold property on Spencer Road last sold in December 2005 for £221,000. Based on price growth in the IG3 district since then, its estimated current value is £467,315 — placing it in the 76th percentile nationally and the 40th percentile within IG3. The property covers 75 m² (807 sq ft), giving an estimated value of £6,231 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £221,000

    Dec 2005

    Estimated Valuation

    £467,315

    Est. £/sq ft

    £579/sq ft

    £6,231/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateApr 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    6 Dec 2005

    £221,000

    6 May 1998

    £71,000

    Key Metrics

    Estimated valuation£467,315
    Value per sq ft / m²£579/sq ft (£6,231/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile40th percentile
    National percentile76th 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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