241 Lavender Place, Ilford, IG1 2BQ is a leasehold flat built between 1996-2002. The property offers approximately 474 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £254,965 , which equates to approximately £538 per square foot. It was last sold on 14 Sep 1995 for £43,000. Since then, the value has increased by £211,965, representing a 492.9% increase, or approximately 16.3% per year.

The current estimated value of £254,965 is:

  • 23.5% lower than the average property price on Lavender Place
  • 8.1% lower than the average in the IG1 2BQ postcode area
  • and 48.6% lower than the average price for Ilford as a whole

View sold house prices in IG1 2BQ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
474 sq ft
Tenure
Leasehold
Price (estimate)
£254,965
Price Per sq ft (estimate)
£538
Bedroom Count (estimate)
1 bedroom

EPC Summary

241 Lavender Place, Ilford, Redbridge, Greater London Authority, IG1 2BQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 May 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Mar 2009. The rating of C remains the same, but the energy efficiency score improved by 1.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 70% of fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to IG1 2BQ

45 th / 56
Price Rank
8% lower than average
37 th / 56
Size Rank
10% smaller than average
22 nd / 56
Price Per Sq FT Rank
2% higher than average

Compared to other properties in IG1 2BQ , this flat's estimated value ranks 45th out of 56. Based on price per square foot, it ranks 22th out of 56 properties. In terms of size, this home ranks 37th out of 56 properties in its postcode area.

Sale History

Today
£254,965
streetscan.co.uk estimate
+493 %
14 Sep 1995
£43,000
Leasehold

Area Insights

Similar Properties Sold Nearby

211 Lavender Place, Ilford, IG1 2BQ
rooms: 2
size: 463 sq ft
sale price: £43,000
sale date: 14 Sep 1995
263 Lavender Place, Ilford, IG1 2BQ
rooms: 2
size: 463 sq ft
sale price: £43,000
sale date: 14 Sep 1995
249 Lavender Place, Ilford, IG1 2BQ
rooms: 2
size: 463 sq ft
sale price: £43,000
sale date: 14 Sep 1995
247 Lavender Place, Ilford, IG1 2BQ
rooms: 2
size: 463 sq ft
sale price: £43,000
sale date: 14 Sep 1995
177 Lavender Place, Ilford, IG1 2BQ
rooms: 2
size: 452 sq ft
sale price: £43,000
sale date: 14 Sep 1995

Data Sources

The property at 241 Lavender Place, Ilford, Redbridge, Greater London Authority, IG1 2BQ appears once in the Land Registry records, with the transaction recorded on 14 Sep 1995. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 May 2019. 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.
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