40 Medway Close, Ilford, IG1 2PW is a leasehold flat built between 1967-1975. The property offers approximately 990 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £277,846 , which equates to approximately £281 per square foot. It was last sold on 1 Jun 2007 for £172,000. Since then, the value has increased by £105,846, representing a 61.5% increase, or approximately 3.3% per year.

The current estimated value of £277,846 is:

  • 0.7% lower than the average property price on Medway Close
  • 5.4% lower than the average in the IG1 2PW postcode area
  • and 44.0% lower than the average price for Ilford as a whole

View sold house prices in IG1 2PW

Building approximate location

About Property

Type
Semi-Detached Maisonette
Built
1967-1975
Interior Size
990 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£277,846
Price Per sq ft (estimate)
£281
Bedroom Count (estimate)
3 bedrooms

EPC Summary

40 Medway Close, Ilford, Redbridge, Greater London Authority, IG1 2PW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 5 Jan 2017.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Jun 2015, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 2.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, limited insulation (assumed) to pitched, no insulation, with no change in energy efficiency (very poor).
  • The lighting was changed from low energy lighting in 78% of fixed outlets to low energy lighting in 88% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to IG1 2PW

9 th / 13
Price Rank
5% lower than average
2 nd / 11
Size Rank
10% bigger than average
10 th / 11
Price Per Sq FT Rank
14% lower than average

Compared to other properties in IG1 2PW , this maisonette's estimated value ranks 9th out of 13. Based on price per square foot, it ranks 10th out of 11 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 2nd out of 11 properties in its postcode area.

Sale History

Today
£277,846
streetscan.co.uk estimate
+62 %
1 Jun 2007
£172,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 990 sq ft
sale price: £220,000
sale date: 1 Mar 2023
rooms: 4
size: 872 sq ft
sale price: £240,000
sale date: 10 Feb 2017
rooms: 3
size: 883 sq ft
sale price: £145,000
sale date: 6 Jun 2014
rooms: 3
size: 883 sq ft
sale price: £163,000
sale date: 19 Feb 2010

Data Sources

The property at 40 Medway Close, Ilford, Redbridge, Greater London Authority, IG1 2PW appears once in the Land Registry records, with the transaction recorded on 1 Jun 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Jan 2017. 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.