12, CORONATION CLOSE, ILFORD, IG6 1DB - £605,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 CORONATION CLOSE is a midsized extended terraced house of 132m², built sometime between 1930 and 1949, which could now be worth an estimated £716,424. It was last sold for £605,000 in April 2021, which was around 29% above the average April 2021 terraced price in the Redbridge local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

12 CORONATION CLOSE Sold Prices

Land registry data shows two sales for 12 CORONATION CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redbridge local authority area for the corresponding sale date. Both of the two 12 CORONATION CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 23 APR	£605,000	£470,485	29% above HPI
2002 18 SEP	£249,995	£176,297	42% above HPI

12 CORONATION CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Redbridge local authority area over time, sourced from the HPI. The two 12 CORONATION CLOSE sales from September 2002 and April 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the April 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 12 CORONATION CLOSE be worth now?

12 CORONATION CLOSE might now be worth an estimated £716,424.

This is based on house price inflation of 18.4%, between April 2021 and April 2026, for terraced houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.4% inflationary increase is applied to the most recent sale price for 12 CORONATION CLOSE of £605,000 on 23rd April 2021. For the value to have increased from £605,000 to £716,424 over the five years to April 2026, the following assumptions must hold true:

• The value of 12 CORONATION CLOSE has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The April 2021 sale price of £605,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CORONATION CLOSE has not materially changed since April 2021.

How Large is 12 CORONATION CLOSE?

12 CORONATION CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 12 CORONATION CLOSE lies on this distribution: 41% of terraced houses houses are smaller than 12 CORONATION CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in London.

12 CORONATION CLOSE: Plot and Title Map

12 CORONATION CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 12 CORONATION CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 CORONATION CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 CORONATION CLOSE?

12 CORONATION CLOSE is located in ILFORD, in the IG6 postcode district. The below map shows the position of No. 12 on CORONATION CLOSE.