261 Express Drive

    261, EXPRESS DRIVE, ILFORD, IG3 9RD

    This flat/maisonette leasehold property on Express Drive last sold in August 1996 for £35,000. Based on price growth in the IG3 district since then, its estimated current value is £274,441 — placing it in the 43rd percentile nationally and the 8th percentile within IG3. The property covers 50 m² (538 sq ft), giving an estimated value of £5,489 per m². The EPC rating is E, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £35,000

    Aug 1996

    Estimated Valuation

    £274,441

    Est. £/sq ft

    £510/sq ft

    £5,489/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelTo be used only when there is no heating/hot-water system
    EPC currentE
    EPC potentialB
    Floor area538 sq ft (50 m²)
    EPC dateOct 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    16 Aug 1996

    £35,000

    Key Metrics

    Estimated valuation£274,441
    Value per sq ft / m²£510/sq ft (£5,489/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG3 district percentile8th percentile
    National percentile43rd 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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