111 Lavender Place, Ilford, IG1 2BG is a leasehold flat built between 1983-1990. The property offers approximately 603 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £225,298 , which equates to approximately £374 per square foot. It was last sold on 21 Sep 2012 for £135,000. Since then, the value has increased by £90,298, representing a 66.9% increase, or approximately 5.1% per year.

The current estimated value of £225,298 is:

  • 32.4% lower than the average property price on Lavender Place
  • 4.0% lower than the average in the IG1 2BG postcode area
  • and 54.6% lower than the average price for Ilford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 24 September 2022, the property was recorded as rented.

View sold house prices in IG1 2BG

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£225,298
Price Per sq ft (estimate)
£374
Bedroom Count (estimate)
1 bedroom

EPC Summary

111 Lavender Place, Ilford, Redbridge, Greater London, IG1 2BG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Sep 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 May 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 16.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from low energy lighting in 23% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to IG1 2BG

6 th / 71
Price Rank
4% lower than average
6 th / 69
Size Rank
13% bigger than average
56 th / 69
Price Per Sq FT Rank
15% lower than average

Compared to other properties in IG1 2BG , this flat's estimated value ranks 6th out of 71. Based on price per square foot, it ranks 56th out of 69 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 6th out of 69 properties in its postcode area.

Sale History

Today
£225,298
streetscan.co.uk estimate
+67 %
21 Sep 2012
£135,000
Leasehold
+68.8 %
30 May 2001
£80,000
Leasehold
+39.1 %
21 Aug 1998
£57,500
Leasehold
+6.6 %
20 Jun 1997
£53,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £230,000
sale date: 30 Sep 2024
rooms: 3
size: 581 sq ft
sale price: £220,000
sale date: 19 Apr 2024
rooms: 3
size: 614 sq ft
sale price: £207,000
sale date: 10 Oct 2023
rooms: 3
size: 527 sq ft
sale price: £235,000
sale date: 4 May 2023
rooms: 3
size: 570 sq ft
sale price: £256,200
sale date: 17 Oct 2022

Data Sources

The property at 111 Lavender Place, Ilford, IG1 2BG appears four times in the Land Registry records, with the latest transaction recorded on 21 Sep 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Sep 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.