According to the public record, 1, Borrowdale Close, Ilford is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Borrowdale Close, Ilford, IG4 is located in the borough of Redbridge within the IG4 postal district.
1, Borrowdale Close, Ilford has 2 entries in the Land Registry database, most recently in June 2016 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Borrowdale Close Ilford as £203,649 and the rental value as £1,092 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 1 Borrowdale Close Ilford has increased by £2,965 (1.5%) and its rental value has increased by £15 per month (1.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Borrowdale Close, Ilford is in very good condition we estimate a sale value of £213,831 and rental value of £1,147 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,393 and a rental value of £1,016 per month.
If you were able to purchase this property for the estimated value of £203,649, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,001 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Borrowdale Close, Ilford was last sold on 03 Jun 2016 for £187,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2016, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Borrowdale Close, Ilford within a radius of 600 metres over the last 2 years.
The most recent example is 10, Borrowdale Close, Ilford, IG4 5LS, a Leasehold flat which sold for £140,000 in Jan 2012.
Read more about house prices in IG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Borrowdale Close, Ilford, IG4 has a total of 24 addresses. According to our analysis of all the public data, 1, Borrowdale Close, Ilford is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £343k less expensive than the average property in IG4.
1, Borrowdale Close, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Borrowdale Close, Ilford is Redbridge station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Borrowdale Close, Ilford, 48.6% of property is privately owned with a mortgage and 27.1% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Borrowdale Close, Ilford, 20.0% of residents are recorded as possessing school level qualifications and 36.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Borrowdale Close, Ilford, the average age was 38.6 and the most common age was 42.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Borrowdale Close, Ilford, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Borrowdale Close, Ilford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.