Flat 4, 53 The Drive, Ilford, IG1 3HD is a leasehold flat built between 1950-1966. The property offers approximately 721 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 £283,089 , which equates to approximately £393 per square foot. It was last sold on 27 Oct 2022 for £280,000. Since then, the value has increased by £3,089, representing a 1.1% increase, or approximately 0.4% per year.

The current estimated value of £283,089 is:

  • 45.3% lower than the average property price on The Drive
  • 40.5% lower than the average in the IG1 3HD postcode area
  • and 43.0% lower than the average price for Ilford as a whole

At the most recent EPC inspection on 29 March 2010, the property was recorded as owner-occupied.

View sold house prices in IG1 3HD

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£283,089
Price Per sq ft (estimate)
£393
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, 53 The Drive, Ilford, Redbridge, Greater London Authority, IG1 3HD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 8 May 2020.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Mar 2010, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 31.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to electric instantaneous at point of use, with its energy efficiency changing from good to very poor.
  • The roof construction or insulation changed from (another dwelling above) to pitched, 75 mm loft insulation, improving energy efficiency from n/a to average.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 10% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to IG1 3HD

8 th / 11
Price Rank
41% lower than average
5 th / 10
Size Rank
5% bigger than average
9 th / 10
Price Per Sq FT Rank
43% lower than average

Compared to other properties in IG1 3HD , this flat's estimated value ranks 8th out of 11. Based on price per square foot, it ranks 9th out of 10 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 10 properties in its postcode area.

Sale History

Today
£283,089
streetscan.co.uk estimate
+1 %
27 Oct 2022
£280,000
Leasehold
+60 %
1 Nov 2013
£175,000
Leasehold
+9.4 %
11 Apr 2011
£160,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, 51 The Drive, Ilford, IG1 3HD
rooms: 3
size: 678 sq ft
sale price: £169,000
sale date: 21 Jan 2010
25C The Drive, Ilford, IG1 3EZ
rooms: 3
size: 624 sq ft
sale price: £260,000
sale date: 12 Aug 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, 53 The Drive, Ilford, IG1 3HD appears three times in the Land Registry records, with the latest transaction recorded on 27 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 May 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.
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