According to the public record, 20 Tuscany House, Ilford is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Tuscany House, Medici Close, Ilford, IG3.
Medici Close, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
20 Tuscany House, Ilford has 2 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated January 2019.
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 20 Tuscany House Ilford as £219,012 and the rental value as £1,196 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 20 Tuscany House Ilford has decreased by £3,213 (1.5%) and its rental value has increased by £32 per month (2.6%).
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 Tuscany House, Ilford is in very good condition we estimate a sale value of £229,963 and rental value of £1,256 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,681 and a rental value of £1,113 per month.
If you were able to purchase this property for the estimated value of £219,012, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,076 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, 20 Tuscany House, Ilford was last sold on 29 May 2019 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2019, the market for similar properties has risen 7.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20 Tuscany House, Ilford within a radius of 530 metres over the last 2 years.
The most recent example is 36 Lorenzo House, Medici Close, Ilford, IG3 8FF, a Leasehold flat which sold for £231,000 in Aug 2018.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Medici Close, Ilford, IG3 has a total of 130 addresses. According to our analysis of all the public data, 20 Tuscany House, Ilford is the 126th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £248k less expensive than the average property in IG3.
20 Tuscany House, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 2019.
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 Tuscany House, Ilford is Goodmayes 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 20 Tuscany House, Ilford, 44.0% of property is privately rented and 28.5% 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 20 Tuscany House, Ilford, 30.1% of residents are recorded as possessing school level qualifications and 48.0% 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 20 Tuscany House, Ilford, the average age was 34.6 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 20 Tuscany House, 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 20 Tuscany House, Ilford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.