2 Water Lane

    2, WATER LANE, ILFORD, ILFORD, IG3 9HE

    This terraced freehold property on Water Lane last sold in January 2007 for £266,000. Based on price growth in the IG3 district since then, its estimated current value is £477,372 — placing it in the 77th percentile nationally and the 44th percentile within IG3. The property covers 74 m² (797 sq ft), giving an estimated value of £6,451 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £266,000

    Jan 2007

    Estimated Valuation

    £477,372

    Est. £/sq ft

    £599/sq ft

    £6,451/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area797 sq ft (74 m²)
    EPC dateDec 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jan 2007

    £266,000

    3 Jul 2002

    £167,500

    Key Metrics

    Estimated valuation£477,372
    Value per sq ft / m²£599/sq ft (£6,451/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile44th percentile
    National percentile77th 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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