116A, CAMBRIDGE ROAD, ILFORD, IG3 8LY - £220,000

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.

116A CAMBRIDGE ROAD is a very small flat of 47m², built sometime before 1900, which could now be worth an estimated £216,673. It was last sold for £220,000 in August 2022, which was around 30% below the average August 2022 flat price in the Redbridge local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

116A CAMBRIDGE ROAD Sold Prices

Land registry data shows three sales for 116A CAMBRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redbridge local authority area for the corresponding sale date. All of the three 116A CAMBRIDGE ROAD 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
2022 25 AUG	£220,000	£316,519	30% below HPI
2007 28 FEB	£154,000	£188,031	18% below HPI
2003 30 JAN	£82,500	£145,820	43% below HPI

What might 116A CAMBRIDGE ROAD be worth now?

116A CAMBRIDGE ROAD might now be worth an estimated £216,673.

This is based on house price deflation of 1.5%, between August 2022 and May 2026, for flats, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% deflationary decrease is applied to the most recent sale price for 116A CAMBRIDGE ROAD of £220,000 on 25th August 2022. For the value to have decreased from £220,000 to £216,673 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 116A CAMBRIDGE ROAD has moved in line with the HPI for flats in the Redbridge local authority area.
• The August 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 116A CAMBRIDGE ROAD has not materially changed since August 2022.

How Large is 116A CAMBRIDGE ROAD?

116A CAMBRIDGE ROAD is 47m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of flats in London, based on EPC data. 18% of flats are smaller than 116A CAMBRIDGE ROAD, and 80% of flats are larger. Note that EPC data is not available for all properties in London.

116A CAMBRIDGE ROAD: Plot

116A CAMBRIDGE ROAD sits on a plot of roughly 0.050 of an acre, or 202m².

Where is 116A CAMBRIDGE ROAD?

116A CAMBRIDGE ROAD is located in ILFORD, in the IG3 postcode district.