49 Lavender Place, Ilford, IG1 2BG is a leasehold flat built between 1983-1990. The property offers approximately 549 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £273,639 , which equates to approximately £498 per square foot. It was last sold on 24 Apr 1997 for £49,950. Since then, the value has increased by £223,689, representing a 447.8% increase, or approximately 15.6% per year.

The current estimated value of £273,639 is:

  • 17.9% lower than the average property price on Lavender Place
  • 16.6% higher than the average in the IG1 2BG postcode area
  • and 44.9% lower than the average price for Ilford as a whole

At the most recent EPC inspection on 16 August 2021, 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
549 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£273,639
Price Per sq ft (estimate)
£498
Bedroom Count (estimate)
1 bedroom

EPC Summary

49 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 16 Aug 2021.

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 15 Mar 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 26.6%.

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 hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 86% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to IG1 2BG

45 th / 71
Price Rank
17% higher than average
39 th / 69
Size Rank
3% bigger than average
32 nd / 69
Price Per Sq FT Rank
13% higher than average

Compared to other properties in IG1 2BG , this flat's estimated value ranks 45th out of 71. Based on price per square foot, it ranks 32th out of 69 properties. In terms of size, this home ranks 39th out of 69 properties in its postcode area.

Sale History

Today
£273,639
streetscan.co.uk estimate
+448 %
24 Apr 1997
£49,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £200,000
sale date: 4 Oct 2024
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

Data Sources

The property at 49 Lavender Place, Ilford, Redbridge, Greater London, IG1 2BG appears once in the Land Registry records, with the transaction recorded on 24 Apr 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Aug 2021. 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.