5, MARTHAM CLOSE, ILFORD, IG6 2GL - £304,950

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.

5 MARTHAM CLOSE is a detached house, which could now be worth an estimated £953,958. It was last sold for £304,950 in March 2002, which was around 15% below the average March 2002 detached price in the Redbridge local authority area.

5 MARTHAM CLOSE Sold Prices

Land registry data shows one sale for 5 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
2002 19 MAR	£304,950	£357,616	15% below HPI

What might 5 MARTHAM CLOSE be worth now?

5 MARTHAM CLOSE might now be worth an estimated £953,958.

This is based on house price inflation of 212.8%, between March 2002 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 212.8% inflationary increase is applied to the most recent sale price for 5 MARTHAM CLOSE of £304,950 on 19th March 2002. For the value to have increased from £304,950 to £953,958 over the 23 years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 MARTHAM CLOSE has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The March 2002 sale price of £304,950 represented a fair market value for the property.
• The size, condition, and specification of 5 MARTHAM CLOSE has not materially changed since March 2002.

Where is 5 MARTHAM CLOSE?

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