1/9

2 bed flat for sale The Drive, London, E18

Offers In Excess Of

£275,000

Added on 23/09/2026

Type: Flat
Bedrooms: 2
Size: £393 per sq ft
Tenure: Leasehold

Council tax Band C £2,040 a year

Highlights

From the agent's description

Chain free
Off-street parking
Communal gardens

About this property

CASH BUYERS ONLY Malford Court,

a sought-after 1930s purpose-built development known for its beautifully maintained communal gardens and timeless architectural character.

*CASH BUYERS ONLY* Malford Court, a sought-after 1930s purpose-built development known for its beautifully maintained communal gardens and timeless architectural character.

Floorplan

Council tax

Band C £2,040 a year

Per year

Band A

£1,530
Band B

£1,785
Band C

This home: £2,040
Band D

£2,295
Band E

£2,804
Band F

£3,314
Band G

£3,824
Band H

£4,589

This home is in band C, which costs £2,040 a year in Redbridge for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Redbridge, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

100 comparables · within 2 miles

Cheaper than 97% of the 2-bed flats for sale nearby right now.

This home, £275,000 Median £380,000 · £300,000 – £500,000

Per square foot

£393 30% under

2-bed flats nearby £562

Against sold prices

35% under

E18 sold median £602 / sq ft, 486 sales

Compared with 100 2-bed flats for sale within 2 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in E18 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in E18 →

Location

The Drive, London, E18

Open map Street View

Mortgage and stamp duty

Property price £275,000

£137k £413k

Deposit10% £28,000

£0 £275k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £247,000 mortgage. Most lenders would want a household income of about £55,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 88, Malford Court, The Drive Flat / maisonette	Flat / maisonette	Mar 2023	840 sq ft £518/sq ft	840 sq ft	£518	£435,000
Flat 84, Malford Court, The Drive Flat / maisonette	Flat / maisonette	Jan 2023	678 sq ft £605/sq ft	678 sq ft	£605	£410,000
Flat 78, Malford Court, The Drive Flat / maisonette	Flat / maisonette	Dec 2021	678 sq ft £590/sq ft	678 sq ft	£590	£400,000
Flat 79, Malford Court, The Drive Flat / maisonette	Flat / maisonette	Jun 2021	646 sq ft £548/sq ft	646 sq ft	£548	£354,000
Flat 70, Malford Court, The Drive Flat / maisonette	Flat / maisonette	Sept 2020	624 sq ft £593/sq ft	624 sq ft	£593	£370,000
Flat 101, Malford Court, The Drive Flat / maisonette	Flat / maisonette	Aug 2020	635 sq ft £606/sq ft	635 sq ft	£606	£385,000
Flat 83, Malford Court, The Drive Flat / maisonette	Flat / maisonette	Apr 2019	657 sq ft £510/sq ft	657 sq ft	£510	£335,000
Flat 86, Malford Court, The Drive Flat / maisonette	Flat / maisonette	Feb 2019	732 sq ft £485/sq ft	732 sq ft	£485	£355,000