556 Ley Street, Ilford, IG2 7DB is a leasehold flat built between 1983-1990. The property offers approximately 764 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £284,984 , which equates to approximately £373 per square foot. It was last sold on 31 Mar 2021 for £270,000. Since then, the value has increased by £14,984, representing a 5.5% increase, or approximately 1.2% per year.

The current estimated value of £284,984 is:

  • 45.9% lower than the average property price on Ley Street
  • 31.7% lower than the average in the IG2 7DB postcode area
  • and 42.6% lower than the average price for Ilford as a whole

At the most recent EPC inspection on 17 September 2020, the property was recorded as owner-occupied.

View sold house prices in IG2 7DB

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
764 sq ft
Tenure
Leasehold
Price (estimate)
£284,984
Price Per sq ft (estimate)
£373
Bedroom Count (estimate)
2 bedrooms

EPC Summary

556 Ley Street, Ilford, Redbridge, Greater London Authority, IG2 7DB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Sep 2020.

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 26 Jun 2010. The rating of D remains the same, but the energy efficiency score improved by 4.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 94% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 94% of fixed outlets
Very Good

Compared to IG2 7DB

18 th / 25
Price Rank
32% lower than average
13 th / 19
Size Rank
9% smaller than average
17 th / 19
Price Per Sq FT Rank
25% lower than average

Compared to other properties in IG2 7DB , this flat's estimated value ranks 18th out of 25. Based on price per square foot, it ranks 17th out of 19 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 13th out of 19 properties in its postcode area.

Sale History

Today
£284,984
streetscan.co.uk estimate
+6 %
31 Mar 2021
£270,000
Leasehold
+51.7 %
24 Jun 2011
£178,000
Leasehold
+10.2 %
16 May 2003
£161,500
Leasehold
+53.8 %
14 Sep 2001
£105,000
Leasehold
+90.9 %
22 Sep 1997
£55,000
Leasehold

Area Insights

Similar Properties Sold Nearby

568 Ley Street, Ilford, IG2 7DB
rooms: 4
size: 667 sq ft
sale price: £173,500
sale date: 16 Dec 2013
558 Ley Street, Ilford, IG2 7DB
rooms: 3
size: 667 sq ft
sale price: £179,995
sale date: 6 Dec 2013
Flat 3, 84 Ley Street, Ilford, IG1 4BX
rooms: 3
size: 732 sq ft
sale price: £265,000
sale date: 5 Jun 2024
607 Ley Street, Ilford, IG2 7RD
rooms: 3
size: 710 sq ft
sale price: £142,000
sale date: 28 Nov 2023
155A Ley Street, Ilford, IG1 4BL
rooms: 4
size: 764 sq ft
sale price: £250,000
sale date: 17 Jan 2023

Data Sources

The property at 556 Ley Street, Ilford, IG2 7DB appears five times in the Land Registry records, with the latest transaction recorded on 31 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Sep 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.
↑