Flat 2, 162 Green Lane, Ilford, IG1 1YQ is a leasehold flat built between 1900-1929. The property offers approximately 452 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 £163,413 , which equates to approximately £361 per square foot. It was last sold on 24 Apr 2012 for £95,000. Since then, the value has increased by £68,413, representing a 72.0% increase, or approximately 5.3% per year.

The current estimated value of £163,413 is:

  • 59.7% lower than the average property price on Green Lane
  • 58.2% lower than the average in the IG1 1YQ postcode area
  • and 67.1% lower than the average price for Ilford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 1 October 2014, the property was recorded as owner-occupied.

View sold house prices in IG1 1YQ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£163,413
Price Per sq ft (estimate)
£361
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 162 Green Lane, Ilford, Redbridge, Greater London Authority, IG1 1YQ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 6 Dec 2019.

This property uses an electric boiler with radiators 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 1 Oct 2014, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 40.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (boiler and radiators, electric).
  • The hot water energy efficiency changing from average to very poor, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, no insulation to pitched, 270 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with external insulation, improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 63% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Roof
Pitched, 270 mm loft insulation
Good
Walls
Solid brick, with external insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to IG1 1YQ

35 th / 36
Price Rank
58% lower than average
25 th / 26
Size Rank
44% smaller than average
16 th / 26
Price Per Sq FT Rank
26% lower than average

Compared to other properties in IG1 1YQ , this flat's estimated value ranks 35th out of 36. Based on price per square foot, it ranks 16th out of 26 properties. In terms of size, this home ranks 25th out of 26 properties in its postcode area.

Sale History

Today
£163,413
streetscan.co.uk estimate
+72 %
24 Apr 2012
£95,000
Leasehold
-32.1 %
20 Apr 2007
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 484 sq ft
sale price: £240,000
sale date: 5 Jan 2022
rooms: 2
size: 441 sq ft
sale price: £257,000
sale date: 29 Mar 2019
rooms: 3
size: 517 sq ft
sale price: £260,000
sale date: 11 May 2023
rooms: 2
size: 484 sq ft
sale price: £215,000
sale date: 29 Sep 2022
rooms: 2
size: 517 sq ft
sale price: £148,500
sale date: 6 Sep 2017

Data Sources

The property at Flat 2, 162 Green Lane, Ilford, IG1 1YQ appears two times in the Land Registry records, with the latest transaction recorded on 24 Apr 2012. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Dec 2019. 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.