23 Water Lane

    23, WATER LANE, ILFORD, IG3 9HE

    This terraced freehold property on Water Lane last sold in April 2024 for £585,000. Based on price growth in the IG3 district since then, its estimated current value is £586,817 — placing it in the 85th percentile nationally and the 74th percentile within IG3. The property covers 137 m² (1,475 sq ft), giving an estimated value of £4,283 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,475 sq ft

    137 m²

    Last Sale Price

    £585,000

    Apr 2024

    Estimated Valuation

    £586,817

    Est. £/sq ft

    £398/sq ft

    £4,283/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,475 sq ft (137 m²)
    EPC dateFeb 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Apr 2024

    £585,000

    Key Metrics

    Estimated valuation£586,817
    Value per sq ft / m²£398/sq ft (£4,283/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile74th percentile
    National percentile85th 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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