41 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 £227,914 , which equates to approximately £230 per square foot. It was last sold on 1 Mar 2023 for £220,000. Since then, the value has increased by £7,914, representing a 3.6% increase, or approximately 1.3% per year.

The current estimated value of £227,914 is:

  • 18.6% lower than the average property price on Medway Close
  • 22.4% lower than the average in the IG1 2PW postcode area
  • and 54.1% 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)
£227,914
Price Per sq ft (estimate)
£230
Bedroom Count (estimate)
3 bedrooms

EPC Summary

41 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 2 Apr 2015, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 11.6%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, no insulation, with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Pitched, no insulation
Very Poor
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to IG1 2PW

12 th / 13
Price Rank
22% lower than average
1 st / 11
Size Rank
10% bigger than average
11 th / 11
Price Per Sq FT Rank
30% lower than average

Compared to other properties in IG1 2PW , this maisonette's estimated value ranks 12th out of 13. Based on price per square foot, it ranks 11th 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 1st out of 11 properties in its postcode area.

Sale History

Today
£227,914
streetscan.co.uk estimate
+4 %
1 Mar 2023
£220,000
Leasehold
+48.6 %
21 Aug 2006
£148,000
Leasehold
+34.5 %
19 Dec 2003
£110,000
Leasehold
+182.1 %
8 May 1997
£39,000
Leasehold

Area Insights

Similar Properties Sold Nearby

26 Medway Close, Ilford, IG1 2PW
rooms: 4
size: 872 sq ft
sale price: £240,000
sale date: 10 Feb 2017
46 Medway Close, Ilford, IG1 2PW
rooms: 3
size: 883 sq ft
sale price: £145,000
sale date: 6 Jun 2014
50 Medway Close, Ilford, IG1 2PW
rooms: 3
size: 883 sq ft
sale price: £163,000
sale date: 19 Feb 2010
40 Medway Close, Ilford, IG1 2PW
rooms: 3
size: 990 sq ft
sale price: £172,000
sale date: 1 Jun 2007

Data Sources

The property at 41 Medway Close, Ilford, IG1 2PW appears four times in the Land Registry records, with the latest transaction recorded on 1 Mar 2023. 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.
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