According to the public record, 20, Panfield Mews, Ilford is a mid-century apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Panfield Mews, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
20, Panfield Mews, Ilford has no records in the Land Registry database and a single entry in the EPC database dated January 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 20 Panfield Mews Ilford as £209,188 and the rental value as £1,221 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 20 Panfield Mews Ilford has decreased by £260 (0.1%) and its rental value has increased by £24 per month (1.9%).
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 20, Panfield Mews, Ilford is in very good condition we estimate a sale value of £219,647 and rental value of £1,282 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,545 and a rental value of £1,135 per month.
If you were able to purchase this property for the estimated value of £209,188, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,028 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 3 sales of properties similar to 20, Panfield Mews, Ilford within a radius of 370 metres over the last 2 years.
The most recent example is Flat 9, Beehive Court, Beehive Lane, Ilford, IG1 3RR, a Leasehold flat which sold for £206,250 in Mar 2021.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Panfield Mews, Ilford, IG2 has a total of 23 addresses. According to our analysis of all the public data, 20, Panfield Mews, Ilford is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in IG2.
20, Panfield Mews, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 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 20, Panfield Mews, Ilford is Gants Hill 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 20, Panfield Mews, Ilford, 77.7% of property is privately rented and 10.2% 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 20, Panfield Mews, Ilford, 17.5% of residents are recorded as possessing school level qualifications and 53.5% 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 20, Panfield Mews, 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 20, Panfield Mews, 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 20, Panfield Mews, Ilford, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.