Flat 8, Mistley Thorn, 5 Cranbrook Rise, Ilford, IG1 3QP is a leasehold flat built between 1967-1975. The property offers approximately 797 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £300,645 , which equates to approximately £377 per square foot. It was last sold on 26 Nov 1997 for £59,950. Since then, the value has increased by £240,695, representing a 401.5% increase, or approximately 14.3% per year.

The current estimated value of £300,645 is:

  • 47.1% lower than the average property price on Cranbrook Rise
  • 30.3% lower than the average in the IG1 3QP postcode area
  • and 39.4% lower than the average price for Ilford as a whole

View sold house prices in IG1 3QP

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
797 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£300,645
Price Per sq ft (estimate)
£377
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 8, Mistley Thorn, 5 Cranbrook Rise, Ilford, Redbridge, Greater London Authority, IG1 3QP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Oct 2018.

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 1 Dec 2015, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 14.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, limited insulation (assumed), with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to IG1 3QP

19 th / 19
Price Rank
30% lower than average
6 th / 14
Size Rank
15% smaller than average
12 th / 14
Price Per Sq FT Rank
18% lower than average

Compared to other properties in IG1 3QP , this flat's estimated value ranks 19th out of 19. Based on price per square foot, it ranks 12th out of 14 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 6th out of 14 properties in its postcode area.

Sale History

Today
£300,645
streetscan.co.uk estimate
+401 %
26 Nov 1997
£59,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 764 sq ft
sale price: £310,000
sale date: 7 Jun 2023
rooms: 4
size: 764 sq ft
sale price: £305,000
sale date: 4 Jan 2019
rooms: 4
size: 710 sq ft
sale price: £285,000
sale date: 23 Feb 2016
rooms: 4
size: 678 sq ft
sale price: £200,000
sale date: 31 Jan 2014
rooms: 3
size: 904 sq ft
sale price: £182,000
sale date: 7 May 2013

Data Sources

The property at Flat 8, Mistley Thorn, 5 Cranbrook Rise, Ilford, Redbridge, Greater London Authority, IG1 3QP appears once in the Land Registry records, with the transaction recorded on 26 Nov 1997. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Oct 2018. 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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