2 Malvern Drive

    2, MALVERN DRIVE, ILFORD, IG3 9DR

    This terraced freehold property on Malvern Drive last sold in June 2015 for £425,000. Based on price growth in the IG3 district since then, its estimated current value is £594,474 — placing it in the 86th percentile nationally and the 76th percentile within IG3. The property covers 141 m² (1,518 sq ft), giving an estimated value of £4,216 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,518 sq ft

    141 m²

    Last Sale Price

    £425,000

    Jun 2015

    Estimated Valuation

    £594,474

    Est. £/sq ft

    £392/sq ft

    £4,216/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,518 sq ft (141 m²)
    EPC dateMay 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jun 2015

    £425,000

    10 Jul 1995

    £119,500

    Key Metrics

    Estimated valuation£594,474
    Value per sq ft / m²£392/sq ft (£4,216/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile76th percentile
    National percentile86th 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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