According to the public record, 16 Whitings, Ilford is a mid-century apartment with 325 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Whitings, Oaks Lane, Ilford, IG2.
Oaks Lane, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
16 Whitings, Ilford has no records in the Land Registry database and a single entry in the EPC database dated August 2011.
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 Whitings Ilford as £126,868 and the rental value as £809 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 16 Whitings Ilford has decreased by £331 (0.3%) and its rental value has increased by £17 per month (2.1%).
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 Whitings, Ilford is in very good condition we estimate a sale value of £133,211 and rental value of £849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,987 and a rental value of £752 per month.
If you were able to purchase this property for the estimated value of £126,868, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £624 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 1 sale of a property similar to 16 Whitings, Ilford within a radius of 560 metres over the last 2 years.
The most recent example is 33 Whitings, Oaks Lane, Ilford, IG2 7PS, a Leasehold flat which sold for £72,500 in Apr 2007.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaks Lane, Ilford, IG2 has a total of 261 addresses. According to our analysis of all the public data, 16 Whitings, Ilford is the 252nd largest and the 252nd most expensive property on the street.
When compared to the postcode district it is £346k less expensive than the average property in IG2.
16 Whitings, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Aug 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 16 Whitings, Ilford is Newbury Park station which is 500 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 Whitings, Ilford, 32.4% of property is privately rented and 27.5% is socially 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 Whitings, Ilford, 30.6% of residents are recorded as possessing school level qualifications and 40.7% 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 Whitings, Ilford, the average age was 36.6 and the most common age was 27.
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 Whitings, 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 Whitings, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.