56 Friars Close, Ilford, IG1 4AZ is a leasehold flat built between 2003-2006. The property offers approximately 614 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 £142,052 , which equates to approximately £232 per square foot. It was last sold on 20 Dec 2016 for £125,000. Since then, the value has increased by £17,052, representing a 13.6% increase, or approximately 1.5% per year.

The current estimated value of £142,052 is:

  • 54.8% lower than the average property price on Friars Close
  • 51.4% lower than the average in the IG1 4AZ postcode area
  • and 71.4% lower than the average price for Ilford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 1 March 2022, the property was recorded as rented.

View sold house prices in IG1 4AZ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
614 sq ft
Tenure
Leasehold
Price (estimate)
£142,052
Price Per sq ft (estimate)
£232
Bedroom Count (estimate)
1 bedroom

EPC Summary

56 Friars Close, Ilford, Redbridge, Greater London, IG1 4AZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Mar 2022.

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 14 Dec 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6.2%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 75% of fixed outlets to low energy lighting in 40% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to IG1 4AZ

67 th / 70
Price Rank
51% lower than average
34 th / 63
Size Rank
3% bigger than average
62 nd / 63
Price Per Sq FT Rank
53% lower than average

Compared to other properties in IG1 4AZ , this flat's estimated value ranks 67th out of 70. Based on price per square foot, it ranks 62th out of 63 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 34th out of 63 properties in its postcode area.

Sale History

Today
£142,052
streetscan.co.uk estimate
+14 %
20 Dec 2016
£125,000
Leasehold
+68.9 %
23 May 2011
£73,995
Leasehold
+10.1 %
22 Dec 2003
£67,200
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £240,000
sale date: 21 Jun 2024
rooms: 4
size: 592 sq ft
sale price: £290,000
sale date: 28 Jul 2023
rooms: 3
size: 592 sq ft
sale price: £280,000
sale date: 29 Jun 2023
rooms: 2
size: 538 sq ft
sale price: £225,000
sale date: 19 Apr 2023
rooms: 3
size: 614 sq ft
sale price: £277,000
sale date: 2 Dec 2022

Data Sources

The property at 56 Friars Close, Ilford, IG1 4AZ appears three times in the Land Registry records, with the latest transaction recorded on 20 Dec 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 2022. 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.