40 Azalea Close, Ilford, IG1 2BF is a leasehold flat built between 1996-2002. The property offers approximately 592 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 £249,577 , which equates to approximately £422 per square foot. It was last sold on 9 Aug 2002 for £103,000. Since then, the value has increased by £146,577, representing a 142.3% increase, or approximately 6.1% per year.

The current estimated value of £249,577 is:

  • 40.2% lower than the average property price on Azalea Close
  • 38.0% lower than the average in the IG1 2BF postcode area
  • and 49.7% lower than the average price for Ilford as a whole

View sold house prices in IG1 2BF

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
592 sq ft
Tenure
Leasehold
Price (estimate)
£249,577
Price Per sq ft (estimate)
£422
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Azalea Close, Ilford, Redbridge, Greater London Authority, IG1 2BF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Mar 2020.

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 4 Mar 2010. The rating of D remains the same, but the energy efficiency score improved by 13.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 70% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very 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 all fixed outlets
Very Good

Compared to IG1 2BF

45 th / 53
Price Rank
38% lower than average
33 rd / 39
Size Rank
19% smaller than average
37 th / 39
Price Per Sq FT Rank
24% lower than average

Compared to other properties in IG1 2BF , this flat's estimated value ranks 45th out of 53. Based on price per square foot, it ranks 37th out of 39 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 33th out of 39 properties in its postcode area.

Sale History

Today
£249,577
streetscan.co.uk estimate
+142 %
9 Aug 2002
£103,000
Leasehold
+88.1 %
29 Apr 1996
£54,750
Leasehold

Area Insights

Similar Properties Sold Nearby

28 Azalea Close, Ilford, IG1 2BF
rooms: 2
size: 517 sq ft
sale price: £156,000
sale date: 13 Nov 2014
42 Azalea Close, Ilford, IG1 2BF
rooms: 3
size: 560 sq ft
sale price: £183,000
sale date: 29 Jun 2007
31 Azalea Close, Ilford, IG1 2BF
rooms: 3
size: 603 sq ft
sale price: £146,000
sale date: 10 Feb 2006
27 Azalea Close, Ilford, IG1 2BF
rooms: 3
size: 581 sq ft
sale price: £91,000
sale date: 29 Oct 2001
29 Azalea Close, Ilford, IG1 2BF
rooms: 3
size: 614 sq ft
sale price: £54,000
sale date: 30 Apr 1996

Data Sources

The property at 40 Azalea Close, Ilford, IG1 2BF appears two times in the Land Registry records, with the latest transaction recorded on 9 Aug 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Mar 2020. 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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