According to the public record, 2, Queensgate, Ilford is a mid-century leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Queensgate, Longwood Gardens, Ilford, IG5.
Longwood Gardens, Ilford, IG5 is located in the borough of Redbridge within the IG5 postal district.
2, Queensgate, Ilford has 31 entries in the Land Registry database, most recently in November 2006 and a single entry in the EPC database dated April 2015.
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 2 Queensgate Ilford as £296,764 and the rental value as £1,443 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Queensgate Ilford has increased by £4,182 (1.4%) and its rental value has increased by £20 per month (1.4%).
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 2, Queensgate, Ilford is in very good condition we estimate a sale value of £311,602 and rental value of £1,516 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,990 and a rental value of £1,342 per month.
If you were able to purchase this property for the estimated value of £296,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,459 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, 2, Queensgate, Ilford was last sold on 07 Nov 2006 for £215,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Queensgate, Ilford within a radius of 530 metres over the last 2 years.
The most recent example is 251A, Beehive Lane, Ilford, IG4 5ED, a Leasehold flat which sold for £145,000 in Jan 2013.
Read more about house prices in IG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longwood Gardens, Ilford, IG5 has a total of 300 addresses. According to our analysis of all the public data, 2, Queensgate, Ilford is the 171st largest and the 188th most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in IG5.
2, Queensgate, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 2015.
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 2, Queensgate, Ilford is Gants Hill station which is 900 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 2, Queensgate, Ilford, 73.6% of property is privately rented and 15.2% is privately owned outright.
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 2, Queensgate, Ilford, 32.7% of residents are recorded as possessing school level qualifications and 41.9% 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 2, Queensgate, Ilford, the average age was 38.6 and the most common age was 42.
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 2, Queensgate, Ilford, 2.4% 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 2, Queensgate, 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.