2 Margaret Way

    2, MARGARET WAY, ILFORD, IG4 5DD

    This flat/maisonette leasehold property on Margaret Way last sold in January 2022 for £320,000. Based on price growth in the IG4 district since then, its estimated current value is £244,243 — placing it in the 36th percentile nationally and the 13th percentile within IG4. The property covers 58 m² (624 sq ft), giving an estimated value of £4,211 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £320,000

    Jan 2022

    Estimated Valuation

    £244,243

    Est. £/sq ft

    £391/sq ft

    £4,211/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateMar 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jan 2022

    £320,000

    22 Sept 2006

    £210,000

    Key Metrics

    Estimated valuation£244,243
    Value per sq ft / m²£391/sq ft (£4,211/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IG4 district percentile13th percentile
    National percentile36th percentile

    District Context — IG4

    IG4 covers parts of east London, sitting within the broader Ilford area of Redbridge. It is a suburban neighbourhood with established residential character and good transport links.

    Average Property Price - IG4

    £537,179

    84

    National percentile

    Average Net Household Income - IG4

    £44,413

    74

    National percentile

    10-Year Annualised Price Growth - IG4

    2.7%

    19

    National percentile

    10-Year Annualised Rent Growth - IG

    4.2%

    71

    National percentile

    View full analysis for IG4

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