According to the public record, 16, Roding Lodge, Ilford is a mid-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Roding Lodge, Royston Gardens, Ilford, IG1.
Royston Gardens, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
16, Roding Lodge, Ilford has 2 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated April 2014.
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 16 Roding Lodge Ilford as £305,590 and the rental value as £1,615 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 16 Roding Lodge Ilford has increased by £5,414 (1.8%) and its rental value has increased by £57 per month (3.6%).
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 16, Roding Lodge, Ilford is in very good condition we estimate a sale value of £320,870 and rental value of £1,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,199 and a rental value of £1,502 per month.
If you were able to purchase this property for the estimated value of £305,590, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,502 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, 16, Roding Lodge, Ilford was last sold on 22 Nov 2019 for £325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Roding Lodge, Ilford within a radius of 720 metres over the last 2 years.
The most recent example is 36, Margaret Way, Ilford, IG4 5DD, a Leasehold flat which sold for £307,000 in Jan 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royston Gardens, Ilford, IG1 has a total of 112 addresses. According to our analysis of all the public data, 16, Roding Lodge, Ilford is the 96th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in IG1.
16, Roding Lodge, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2014.
The property is connected to mains gas and has partial multiple glazing. It is heated using a boiler and radiators.
The closest station to 16, Roding Lodge, Ilford is Redbridge station which is 200 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 16, Roding Lodge, Ilford, 40.3% of property is privately rented and 31.9% 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 16, Roding Lodge, Ilford, 24.5% of residents are recorded as possessing school level qualifications and 40.5% 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, Roding Lodge, Ilford, the average age was 37.5 and the most common age was 32.
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, Roding Lodge, Ilford, 0.6% 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, Roding Lodge, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.