Flat 4, 50 The Drive, Ilford, IG1 3HY is a leasehold flat built between 1900-1929. The property offers approximately 840 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £183,522 , which equates to approximately £219 per square foot. It was last sold on 2 Apr 1997 for £33,500. Since then, the value has increased by £150,022, representing a 447.8% increase, or approximately 15.6% per year.

The current estimated value of £183,522 is:

  • 64.5% lower than the average property price on The Drive
  • 50.9% lower than the average in the IG1 3HY postcode area
  • and 63.0% lower than the average price for Ilford as a whole

View sold house prices in IG1 3HY

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
840 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£183,522
Price Per sq ft (estimate)
£219
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, 50 The Drive, Ilford, Redbridge, Greater London Authority, IG1 3HY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Sep 2019.

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 7 Aug 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 37%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system, no cylinderstat to from main system, with no change in energy efficiency (average).
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 200 mm loft insulation, improving energy efficiency from very poor to good.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG1 3HY

10 th / 12
Price Rank
51% lower than average
5 th / 8
Size Rank
16% smaller than average
7 th / 8
Price Per Sq FT Rank
41% lower than average

Compared to other properties in IG1 3HY , this flat's estimated value ranks 10th out of 12. Based on price per square foot, it ranks 7th out of 8 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 5th out of 8 properties in its postcode area.

Sale History

Today
£183,522
streetscan.co.uk estimate
+448 %
2 Apr 1997
£33,500
Leasehold

Area Insights

Similar Properties Sold Nearby

52A The Drive, Ilford, IG1 3HY
rooms: 4
size: 829 sq ft
sale price: £245,000
sale date: 9 Dec 2013
Flat 4, 53 The Drive, Ilford, IG1 3HD
rooms: 3
size: 721 sq ft
sale price: £280,000
sale date: 27 Oct 2022
Flat 4, 34 The Drive, Ilford, IG1 3HX
rooms: 3
size: 721 sq ft
sale price: £307,000
sale date: 9 Jun 2021
5 The Drive, Ilford, IG1 3EX
rooms: 3
size: 753 sq ft
sale price: £260,000
sale date: 19 Feb 2018
5B The Drive, Ilford, IG1 3EX
rooms: 4
size: 721 sq ft
sale price: £260,000
sale date: 4 May 2017

Data Sources

The property at Flat 4, 50 The Drive, Ilford, Redbridge, Greater London Authority, IG1 3HY appears once in the Land Registry records, with the transaction recorded on 2 Apr 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Sep 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.
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