Sold STC Flat

74 ST PETERS CLOSE

ILFORD, GREATER LONDON IG2 7QN

2 beds 1 baths Listed 21 Oct 2025 (-272d)

£264,000

Reduced on 19 Nov 2025

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Front Elevation

Front Elevation Balcony Picture No. 01 Picture No. 12 Living Room Living Room Picture No. 21 Picture No. 03 Picture No. 04 Picture No. 07 Picture No. 19 Picture No. 17 Picture No. 13 Picture No. 15 Picture No. 05 Picture No. 18 Picture No. 06 Picture No. 08 Balcony Balcony Picture No. 26

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Property details

Tenure

LEASEHOLD

Council tax band

C

Last sold

£262,500 Feb 2026

Local average

£273,889 (-3.6%)

Deprivation

Decile 6 (17,157 of 33,755)

Street crime

425 incidents within 1 mile (May 2026)

Additional details

Parking
Yes

Description

NO CHAIN INVOLVED - READY TO MOVE IN
1 MILE TO NEWBURY PARK CENTRAL LINE TUBE STATION * CHAIN FREE * TWO BEDROOM FIRST FLOOR MAISONETTE * OWN FRONT BALCONY * WITH PARKING SPACE * EXCELLENT DECORATIVE ORDER * LEASEHOLD 93 YEARS REMAINING * SUPERB KITCHEN * DOUBLE BEDROOMS WITH FITTED WARDROBES * CENTRAL HEATING * CLOSE TO LOCAL SHOPS SCHOOLS & AMENITIES *
COMMUNAL GROUNDS *
EPC Rating = C


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

ILF250112/2

Listed by

Ilford

LSL Franchise

Reference: 168455120

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

Price history

447% since 1997

Event Date Price % change
Sold 20/02/2026 (5 months ago) £262,500 -4.5%
Sold 15/09/2016 (9 years ago) £275,000 +472.9%
Sold 12/05/1997 (29 years ago) £48,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
81 ST PETERS CLOSE, ILFORD, REDBRIDGE, GREATER LONDON, IG2 7QN £225,000 29/03/2023 Flat
87 ST PETERS CLOSE, ILFORD, REDBRIDGE, GREATER LONDON, IG2 7QN £228,000 17/03/2023 Flat
58 ST PETERS CLOSE, ILFORD, REDBRIDGE, GREATER LONDON, IG2 7QN £275,000 04/11/2022 Flat

Area average: £242,667 (3 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 19.5%
10y growth -5.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Redbridge. Series: Flats and maisonettes. As of April 2026.

1y (index) -0.2%
5y (index) 5.4%
10y (index) 18.7%

Rental Range

Estimated market rent for Redbridge. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,553/mo
Realistic £1,725/mo
Optimistic £1,898/mo

Based on Local Authority from postcode lookup → Redbridge.

LHA (30th percentile) floor for Outer North East London: £1,247/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View IG2 7QN

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Ramsgill Drive 0.3 miles
Bus stop Grenfell Gardens 0.3 miles
Train station Barkingside 0.5 miles
Shop Argos 0.5 miles
Shop Sainsburys Optician 0.5 miles
Train station Newbury Park 0.6 miles
Hospital Neonatal Unit, L1 Z2 4.9 miles
Hospital Rainbow Ward 4.9 miles
University Arden University Stratford Campus 5.5 miles
University University of Greenwich 8.3 miles

Street-level crime

Category Count
Violence and sexual offences 156
Anti-social behaviour 73
Shoplifting 56
Vehicle crime 35
Public order 27
Other theft 20
Burglary 14
Robbery 14
Drugs 9
Other crime 5
Possession of weapons 5
Theft from the person 5
Bicycle theft 3
Criminal damage and arson 3
Total incidents 425

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Hatchside School Other 0.2 miles Good — 12 Nov 2023
William Torbitt Primary School Primary 0.3 miles Good — 25 Sep 2024
Oaks Park High School Secondary 0.4 miles Good — 2 Dec 2019
Avanti Court Primary School Primary 0.6 miles Good — 21 Jul 2022
Newbury Park Primary School Primary 0.8 miles — (Inspected (no overall grade))

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Aldborough Road North, IG2 £1,900/mo 2 0.29 miles OpenRent
2 Bed Maisonette, Eastern Avenue, IG2 £1,950/mo 2 0.33 miles OpenRent
2 Bed Flat, Eastern Avenue, IG2 £1,500/mo 2 0.35 miles OpenRent
2 Bed Semi-Detached House, Eastern Avenue, IG2 £1,750/mo 2 0.39 miles OpenRent

Average rent: £1,775/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.69%
Max investor price (0.8%) £228,125
Target investor price (1%) £182,500
Gross yield 8.3%
Cost-to-rent ratio 12.1×
Monthly cashflow £578/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 9.1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).