8 Margaret Way, Ilford, IG4 5DD is a leasehold flat built between 1950-1966. The property offers approximately 635 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £325,161 , which equates to approximately £512 per square foot. It was last sold on 27 Sep 2013 for £200,000. Since then, the value has increased by £125,161, representing a 62.6% increase, or approximately 5.1% per year.

The current estimated value of £325,161 is:

  • 2.6% higher than the average property price on Margaret Way
  • 5.9% higher than the average in the IG4 5DD postcode area
  • and 34.5% lower than the average price for Ilford as a whole

At the most recent EPC inspection on 2 December 2023, the property was recorded as rented.

View sold house prices in IG4 5DD

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£325,161
Price Per sq ft (estimate)
£512
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Margaret Way, Ilford, Redbridge, Greater London, IG4 5DD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Dec 2023.

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 30 Apr 2013, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 24.2%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in all 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, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG4 5DD

9 th / 19
Price Rank
6% higher than average
9 th / 17
Size Rank
3% smaller than average
8 th / 17
Price Per Sq FT Rank
9% higher than average

Compared to other properties in IG4 5DD , this flat's estimated value ranks 9th out of 19. Based on price per square foot, it ranks 8th out of 17 properties. In terms of size, this home ranks 9th out of 17 properties in its postcode area.

Sale History

Today
£325,161
streetscan.co.uk estimate
+63 %
27 Sep 2013
£200,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £300,000
sale date: 10 Jun 2022
rooms: 3
size: 624 sq ft
sale price: £312,000
sale date: 28 Jan 2022
rooms: 3
size: 624 sq ft
sale price: £320,000
sale date: 21 Jan 2022
rooms: 3
size: 614 sq ft
sale price: £280,000
sale date: 23 Nov 2021
rooms: 3
size: 624 sq ft
sale price: £320,000
sale date: 3 Dec 2020

Data Sources

The property at 8 Margaret Way, Ilford, Redbridge, Greater London, IG4 5DD appears once in the Land Registry records, with the transaction recorded on 27 Sep 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Dec 2023. 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.


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