According to the public record, 2, Veronique Gardens, Ilford is a early-century apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Veronique Gardens, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
2, Veronique Gardens, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated August 2023.
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 2 Veronique Gardens Ilford as £338,809 and the rental value as £1,713 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Veronique Gardens Ilford has increased by £2,165 (0.6%) and its rental value has increased by £41 per month (2.4%).
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, Veronique Gardens, Ilford is in very good condition we estimate a sale value of £355,749 and rental value of £1,799 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,092 and a rental value of £1,593 per month.
If you were able to purchase this property for the estimated value of £338,809, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,665 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, Veronique Gardens, Ilford was last sold on 19 May 2000 for £88,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Veronique Gardens, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 1, Veronique Gardens, Ilford, IG6 1AR, a Leasehold flat which sold for £325,000 in Dec 2023.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Veronique Gardens, Ilford, IG6 has a total of 60 addresses. According to our analysis of all the public data, 2, Veronique Gardens, Ilford is the 23rd largest and the 9th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in IG6.
2, Veronique Gardens, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Aug 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 2, Veronique Gardens, 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, Veronique Gardens, Ilford, 33.7% of property is socially rented and 26.7% 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, Veronique Gardens, Ilford, 21.1% of residents are recorded as possessing school level qualifications and 46.0% 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 2, Veronique Gardens, Ilford, the average age was 35.8 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 2, Veronique Gardens, Ilford, 1.1% 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, Veronique Gardens, Ilford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.