According to the public record, 16 Aragon Court, Ilford is a mid-century apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Aragon Court, Aragon Drive, Ilford, IG6.
Aragon Drive, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
16 Aragon Court, Ilford has no records in the Land Registry database and a single entry in the EPC database dated May 2017.
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 16 Aragon Court Ilford as £255,745 and the rental value as £1,522 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 16 Aragon Court Ilford has increased by £6,218 (2.4%) and its rental value has increased by £51 per month (3.4%).
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 16 Aragon Court, Ilford is in very good condition we estimate a sale value of £268,533 and rental value of £1,598 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,843 and a rental value of £1,415 per month.
If you were able to purchase this property for the estimated value of £255,745, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,257 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16 Aragon Court, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is 1, Henrys Walk, Ilford, IG6 2NR, a Leasehold flat which sold for £310,000 in Aug 2022.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aragon Drive, Ilford, IG6 has a total of 131 addresses. According to our analysis of all the public data, 16 Aragon Court, Ilford is the 99th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in IG6.
16 Aragon Court, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 May 2017.
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 16 Aragon Court, Ilford is Hainault station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16 Aragon Court, Ilford, 64.8% of property is socially rented and 19.0% is privately rented.
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 16 Aragon Court, Ilford, 23.3% of residents are recorded as possessing school level qualifications and 25.1% 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 16 Aragon Court, Ilford, the average age was 37.1 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 16 Aragon 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 16 Aragon Court, Ilford, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.