7, MARTHAM CLOSE, ILFORD, IG6 2GL - £485,000

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.

7 MARTHAM CLOSE is a small detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £952,969. It was last sold for £485,000 in November 2010, which was around 16% below the average November 2010 detached price in the Redbridge local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

7 MARTHAM CLOSE Sold Prices

Land registry data shows three sales for 7 MARTHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. All of the three 7 MARTHAM CLOSE sales were for below 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
2010 18 NOV	£485,000	£580,487	16% below HPI
2006 28 JUL	£435,000	£492,189	12% below HPI
2002 22 MAR	£309,950	£357,616	13% below HPI

7 MARTHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The three 7 MARTHAM CLOSE sales between March 2002 and November 2010 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 July 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2010 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 MARTHAM CLOSE be worth now?

7 MARTHAM CLOSE might now be worth an estimated £952,969.

This is based on house price inflation of 96.5%, between November 2010 and April 2026, for detached 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 96.5% inflationary increase is applied to the most recent sale price for 7 MARTHAM CLOSE of £485,000 on 18th November 2010. For the value to have increased from £485,000 to £952,969 over the sixteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 7 MARTHAM CLOSE has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The November 2010 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MARTHAM CLOSE has not materially changed since November 2010.

How Large is 7 MARTHAM CLOSE?

7 MARTHAM CLOSE is 126m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 7 MARTHAM CLOSE lies on this distribution: 37% of detached houses houses are smaller than 7 MARTHAM CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in London.

7 MARTHAM CLOSE: Plot and Title Map

7 MARTHAM CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 7 MARTHAM 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 7 MARTHAM 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 7 MARTHAM CLOSE?

7 MARTHAM CLOSE is located in ILFORD, in the IG6 postcode district. The below map shows the position of No. 7 on MARTHAM CLOSE.