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According to the public record, 2, Margaret Way, Ilford is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Margaret Way, Ilford is £297,043 and the estimated rental value is £1,456 per month.
Margaret Way, Ilford, IG4 is located in the borough of Redbridge within the IG4 postal district.
2, Margaret Way, Ilford has 21 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Margaret Way, Ilford is in very good condition we estimate a sale value of £311,895 and a rental value of £1,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,250 and a rental value of £1,354 per month.
Over the last 12 months the sale value of 2 Margaret Way Ilford has decreased by an estimated £2,963 (1.0%) and its rental value has increased by an estimated £56 per month (3.8%), giving an expected gross yield of 5.9%.
2, Margaret Way, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Margaret Way, Ilford was last sold on 21st January 2022 for £320,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2022, the market for similar properties has dropped 19.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Margaret Way, Ilford within a radius of 510 metres over the last 2 years.
The most recent example is 59, Margaret Way, Ilford, IG4 5DE, a leasehold flat which sold for £340,000 on the 21st March 2025.
Read more about house prices in IG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Margaret Way, Ilford, IG4 has a total of 62 addresses. According to our analysis of all the public data, 2, Margaret Way, Ilford is the 45th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £248k less expensive than the average property in IG4.
The nearest school is Redbridge Primary School which is 500 metres away. The nearest train station is Redbridge which is 300 metres away.
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