According to the public record, 17, Clark Grove, Ilford is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Clark Grove, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
17, Clark Grove, Ilford has 2 entries in the Land Registry database, most recently in May 2015 and a single entry in the EPC database dated February 2023.
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 17 Clark Grove Ilford as £272,384 and the rental value as £1,397 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 17 Clark Grove Ilford has increased by £3,997 (1.5%) and its rental value has increased by £70 per month (5.0%).
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 17, Clark Grove, Ilford is in very good condition we estimate a sale value of £286,003 and rental value of £1,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,317 and a rental value of £1,299 per month.
If you were able to purchase this property for the estimated value of £272,384, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,339 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, 17, Clark Grove, Ilford was last sold on 21 May 2015 for £221,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen 25.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Clark Grove, Ilford within a radius of 500 metres over the last 2 years.
The most recent example is 9, Clark Grove, Ilford, IG3 9FD, a Leasehold flat which sold for £256,000 in Oct 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clark Grove, Ilford, IG3 has a total of 21 addresses. According to our analysis of all the public data, 17, Clark Grove, Ilford is the 11th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in IG3.
17, Clark Grove, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2023.
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 17, Clark Grove, Ilford is Barking station which is 1.4 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 17, Clark Grove, Ilford, 40.9% of property is socially rented and 32.2% 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 17, Clark Grove, Ilford, 24.1% of residents are recorded as possessing school level qualifications and 43.0% 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 17, Clark Grove, Ilford, the average age was 34.7 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 17, Clark Grove, 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 17, Clark Grove, 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.