According to the public record, 14, Royal Crescent, Ilford is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Royal Crescent, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
14, Royal Crescent, Ilford has 2 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated February 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 14 Royal Crescent Ilford as £291,693 and the rental value as £1,398 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 14 Royal Crescent Ilford has increased by £284 (0.1%) and its rental value has increased by £34 per month (2.4%).
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 14, Royal Crescent, Ilford is in very good condition we estimate a sale value of £306,278 and rental value of £1,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,275 and a rental value of £1,301 per month.
If you were able to purchase this property for the estimated value of £291,693, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,434 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, 14, Royal Crescent, Ilford was last sold on 31 Mar 2016 for £305,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Royal Crescent, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 103, Royal Crescent, Ilford, IG2 7JZ, a Leasehold flat which sold for £270,000 in Oct 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royal Crescent, Ilford, IG2 has a total of 104 addresses. According to our analysis of all the public data, 14, Royal Crescent, Ilford is the 70th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in IG2.
14, Royal Crescent, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 14, Royal Crescent, Ilford is Newbury Park station which is 400 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 14, Royal Crescent, Ilford, 56.7% of property is privately rented and 20.8% 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 14, Royal Crescent, Ilford, 24.8% of residents are recorded as possessing school level qualifications and 56.9% 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 14, Royal Crescent, Ilford, the average age was 36.6 and the most common age was 37.
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 14, Royal Crescent, 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 14, Royal Crescent, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.