Flat 8, 505 Cranbrook Road, Ilford, IG2 6ER is a leasehold flat built between 1983-1990. The property offers approximately 441 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £222,334 , which equates to approximately £504 per square foot. It was last sold on 11 Apr 2000 for £59,995. Since then, the value has increased by £162,339, representing a 270.6% increase, or approximately 10.5% per year.

The current estimated value of £222,334 is:

  • 61.1% lower than the average property price on Cranbrook Road
  • 54.8% lower than the average in the IG2 6ER postcode area
  • and 55.2% lower than the average price for Ilford as a whole

At the most recent EPC inspection on 6 March 2024, the property was recorded as rented.

View sold house prices in IG2 6ER

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
441 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£222,334
Price Per sq ft (estimate)
£504
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, 505 Cranbrook Road, Ilford, Redbridge, Greater London, IG2 6ER has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Mar 2024.

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 13 Mar 2014. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The heating system changed from community scheme to boiler and radiators, mains gas, with no change in energy efficiency (good).
  • The hot water system changed from community scheme to from main system, with no change in energy efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, insulated (assumed)
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG2 6ER

20 th / 21
Price Rank
55% lower than average
17 th / 17
Size Rank
51% smaller than average
12 th / 17
Price Per Sq FT Rank
8% lower than average

Compared to other properties in IG2 6ER , this flat's estimated value ranks 20th out of 21. Based on price per square foot, it ranks 12th out of 17 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 17th out of 17 properties in its postcode area.

Sale History

Today
£222,334
streetscan.co.uk estimate
+271 %
11 Apr 2000
£59,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £375,000
sale date: 31 Mar 2022
rooms: 2
size: 495 sq ft
sale price: £230,000
sale date: 26 Nov 2018
rooms: 2
size: 484 sq ft
sale price: £190,000
sale date: 29 Apr 2016
rooms: 2
size: 484 sq ft
sale price: £122,000
sale date: 4 Jun 2010
rooms: 2
size: 484 sq ft
sale price: £118,500
sale date: 19 Oct 2009

Data Sources

The property at Flat 8, 505 Cranbrook Road, Ilford, Redbridge, Greater London, IG2 6ER appears once in the Land Registry records, with the transaction recorded on 11 Apr 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Mar 2024. 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.