4, MARTHAM CLOSE, ILFORD, IG6 2GL - £490,000

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.

4 MARTHAM CLOSE is a small detached house of 125m², built sometime between 2003 and 2006, which could now be worth an estimated £894,980. It was last sold for £490,000 in August 2013, which was around 20% below the average August 2013 detached price in the Redbridge local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

4 MARTHAM CLOSE Sold Prices

Land registry data shows one sale for 4 MARTHAM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redbridge local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 12 AUG	£490,000	£612,492	20% below HPI

What might 4 MARTHAM CLOSE be worth now?

4 MARTHAM CLOSE might now be worth an estimated £894,980.

This is based on house price inflation of 82.6%, between August 2013 and May 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 82.6% inflationary increase is applied to the most recent sale price for 4 MARTHAM CLOSE of £490,000 on 12th August 2013. For the value to have increased from £490,000 to £894,980 over the thirteen years and three months to May 2026, the following assumptions must hold true:

• The value of 4 MARTHAM CLOSE has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The August 2013 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MARTHAM CLOSE has not materially changed since August 2013.

How Large is 4 MARTHAM CLOSE?

4 MARTHAM CLOSE is 125m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 4 MARTHAM CLOSE lies on this distribution: 36% of detached houses are smaller than 4 MARTHAM CLOSE, and 63% of detached houses are larger. Note that EPC data is not available for all properties in London.

4 MARTHAM CLOSE: Plot

4 MARTHAM CLOSE sits on a plot of roughly 0.075 of an acre, or 302m².

Where is 4 MARTHAM CLOSE?

4 MARTHAM CLOSE is located in ILFORD, in the IG6 postcode district.