7B, Valebrook, 2 Park Avenue, Ilford, IG1 4RT is a leasehold flat built between 1950-1966. The property offers approximately 893 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £256,460 , which equates to approximately £287 per square foot. It was last sold on 2 Aug 2019 for £230,000. Since then, the value has increased by £26,460, representing a 11.5% increase, or approximately 1.8% per year.

The current estimated value of £256,460 is:

  • 46.1% lower than the average property price on Park Avenue
  • 6.7% lower than the average in the IG1 4RT postcode area
  • and 48.3% lower than the average price for Ilford as a whole

View sold house prices in IG1 4RT

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
893 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£256,460
Price Per sq ft (estimate)
£287
Bedroom Count (estimate)
3 bedrooms

EPC Summary

7B, Valebrook, 2 Park Avenue, Ilford, Redbridge, Greater London Authority, IG1 4RT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 26 Jun 2020.

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 8 Feb 2010, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 78.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from warm air, mains gas to electric storage heaters, changing energy efficiency from good to average.
  • The hot water system changed from electric immersion, standard tariff to electric immersion, off-peak, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (poor).
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 7% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG1 4RT

21 st / 25
Price Rank
7% lower than average
12 th / 23
Size Rank
1% bigger than average
20 th / 23
Price Per Sq FT Rank
7% lower than average

Compared to other properties in IG1 4RT , this flat's estimated value ranks 21th out of 25. Based on price per square foot, it ranks 20th out of 23 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 12th out of 23 properties in its postcode area.

Sale History

Today
£256,460
streetscan.co.uk estimate
+12 %
2 Aug 2019
£230,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 883 sq ft
sale price: £340,000
sale date: 28 Mar 2024
rooms: 3
size: 840 sq ft
sale price: £191,000
sale date: 14 Dec 2023
rooms: 3
size: 850 sq ft
sale price: £225,000
sale date: 24 Feb 2020
rooms: 3
size: 883 sq ft
sale price: £316,000
sale date: 11 Oct 2019
rooms: 3
size: 915 sq ft
sale price: £240,000
sale date: 14 Jun 2018

Data Sources

The property at 7B, Valebrook, 2 Park Avenue, Ilford, Redbridge, Greater London Authority, IG1 4RT appears once in the Land Registry records, with the transaction recorded on 2 Aug 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Jun 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.