According to the public record, 1 Waylands Court, Ilford is a mid-century leasehold apartment with 820 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Waylands Court, Staines Road, Ilford, IG1.
Staines Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
1 Waylands Court, Ilford has 21 entries in the Land Registry database, most recently in December 2013 and a single entry in the EPC database dated May 2010.
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 Waylands Court Ilford as £242,246 and the rental value as £1,461 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 1 Waylands Court Ilford has increased by £1,511 (0.6%) and its rental value has increased by £58 per month (4.0%).
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 Waylands Court, Ilford is in very good condition we estimate a sale value of £254,359 and rental value of £1,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,289 and a rental value of £1,358 per month.
If you were able to purchase this property for the estimated value of £242,246, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,191 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 Waylands Court, Ilford was last sold on 16 Dec 2013 for £160,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2013, the market for similar properties has risen 53.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Waylands Court, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 339, Mortlake Road, Ilford, IG1 2TG, a Leasehold flat which sold for £226,000 in Jan 2016.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Staines Road, Ilford, IG1 has a total of 273 addresses. According to our analysis of all the public data, 1 Waylands Court, Ilford is the 229th largest and the 257th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in IG1.
1 Waylands Court, Ilford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 May 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 1 Waylands Court, Ilford is Barking station which is 1.4 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 Waylands Court, Ilford, 51.9% of property is privately owned with a mortgage and 26.7% 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 Waylands Court, Ilford, 30.2% of residents are recorded as possessing school level qualifications and 36.4% 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 Waylands Court, Ilford, the average age was 34.7 and the most common age was 12.
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 Waylands Court, 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 Waylands Court, Ilford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.