According to the public record, 115, Blackthorn Road, Ilford is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Blackthorn Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
115, Blackthorn Road, Ilford has 21 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated August 2020.
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 115 Blackthorn Road Ilford as £268,469 and the rental value as £1,566 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 115 Blackthorn Road Ilford has increased by £2,331 (0.9%) and its rental value has increased by £67 per month (4.2%).
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 115, Blackthorn Road, Ilford is in very good condition we estimate a sale value of £281,892 and rental value of £1,645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,676 and a rental value of £1,457 per month.
If you were able to purchase this property for the estimated value of £268,469, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,319 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, 115, Blackthorn Road, Ilford was last sold on 18 Jan 2022 for £258,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 115, Blackthorn Road, Ilford within a radius of 580 metres over the last 2 years.
The most recent example is 151, Blackthorn Road, Ilford, IG1 2PZ, a Leasehold flat which sold for £240,000 in Feb 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blackthorn Road, Ilford, IG1 has a total of 145 addresses. According to our analysis of all the public data, 115, Blackthorn Road, Ilford is the 54th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in IG1.
115, Blackthorn Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 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 115, Blackthorn Road, Ilford is Barking 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 115, Blackthorn Road, Ilford, 61.2% of property is privately rented and 16.3% 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 115, Blackthorn Road, Ilford, 31.9% of residents are recorded as possessing school level qualifications and 39.0% 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 115, Blackthorn Road, Ilford, the average age was 32.3 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 115, Blackthorn Road, Ilford, 0.7% 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 115, Blackthorn Road, Ilford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.