According to the public record, 1024, Eastern Avenue, Ilford is a mid-century apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Eastern Avenue, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
1024, Eastern Avenue, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2020.
We combine this information with public data 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 1024 Eastern Avenue Ilford as £269,031 and the rental value as £1,325 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1024 Eastern Avenue Ilford has increased by £172 (0.1%) and its rental value has increased by £34 per month (2.6%).
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 1024, Eastern Avenue, Ilford is in very good condition we estimate a sale value of £282,482 and rental value of £1,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,199 and a rental value of £1,232 per month.
If you were able to purchase this property for the estimated value of £269,031, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,322 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, 1024, Eastern Avenue, Ilford was last sold on 03 Feb 2003 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1024, Eastern Avenue, Ilford within a radius of 630 metres over the last 2 years.
The most recent example is 1084, Eastern Avenue, Ilford, IG2 7SF, a Leasehold flat which sold for £294,000 in Aug 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastern Avenue, Ilford, IG2 has a total of 951 addresses. According to our analysis of all the public data, 1024, Eastern Avenue, Ilford is the 746th largest and the 594th most expensive property on the street.
When compared to the postcode district it is £203k less expensive than the average property in IG2.
1024, Eastern Avenue, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2020.
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 1024, Eastern Avenue, Ilford is Newbury Park station which is 800 metres 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 1024, Eastern Avenue, Ilford, 49.2% of property is privately rented and 32.0% is privately owned with a mortgage.
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 1024, Eastern Avenue, Ilford, 34.6% of residents are recorded as possessing school level qualifications and 44.0% 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 1024, Eastern Avenue, Ilford, the average age was 36.7 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 1024, Eastern Avenue, Ilford, 0.3% 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 1024, Eastern Avenue, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.