78, MEADWAY, ILFORD, IG3 9BJ - £499,995

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.

78 MEADWAY is a small extended terraced house of 111m², built sometime between 1930 and 1949, which could now be worth an estimated £562,292. It was last sold for £499,995 in September 2021, which was around 5% above the average September 2021 terraced price in the Redbridge local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

78 MEADWAY Sold Prices

Land registry data shows three sales for 78 MEADWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Redbridge local authority area for the corresponding sale date. All of the three 78 MEADWAY 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 28 SEP	£499,995	£477,921	5% above HPI
2002 16 AUG	£210,000	£172,918	21% above HPI
2002 7 MAY	£170,000	£159,663	6% above HPI

78 MEADWAY 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 three 78 MEADWAY sales between May 2002 and September 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 August 2002 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 78 MEADWAY be worth now?

78 MEADWAY might now be worth an estimated £562,292.

This is based on house price inflation of 12.5%, between September 2021 and July 2025, 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 12.5% inflationary increase is applied to the most recent sale price for 78 MEADWAY of £499,995 on 28th September 2021. For the value to have increased from £499,995 to £562,292 over the four years and two months to July 2025, the following assumptions must hold true:

• The value of 78 MEADWAY has moved in line with the HPI for terraced houses in the Redbridge local authority area.
• The September 2021 sale price of £499,995 represented a fair market value for the property.
• The size, condition, and specification of 78 MEADWAY has not materially changed since September 2021.

How Large is 78 MEADWAY?

78 MEADWAY is 111m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% 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 78 MEADWAY lies on this distribution: 27% of terraced houses houses are smaller than 78 MEADWAY, and 72% of houses are larger. Note that EPC data is not available for all properties in London.

78 MEADWAY: Plot and Title Map

78 MEADWAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 78 MEADWAY, 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 78 MEADWAY). 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 78 MEADWAY?

78 MEADWAY is located in ILFORD, in the IG3 postcode district. The below map shows the position of No. 78 on MEADWAY.