According to the public record, 223, Ilchester Road, Dagenham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 645 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Ilchester Road, Dagenham, RM8 is located in the borough of Barking and Dagenham within the RM8 postal district.
223, Ilchester Road, Dagenham has 31 entries in the Land Registry database, most recently in June 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 223 Ilchester Road Dagenham as £242,214 and the rental value as £1,430 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 223 Ilchester Road Dagenham has increased by £2,357 (1.0%) and its rental value has increased by £81 per month (5.6%).
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 223, Ilchester Road, Dagenham is in very good condition we estimate a sale value of £254,325 and rental value of £1,502 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,259 and a rental value of £1,330 per month.
If you were able to purchase this property for the estimated value of £242,214, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,190 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, 223, Ilchester Road, Dagenham was last sold on 06 Jun 2008 for £140,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2008, the market for similar properties has risen 77.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 223, Ilchester Road, Dagenham within a radius of 450 metres over the last 2 years.
The most recent example is 251, Ilchester Road, Dagenham, RM8 2YA, a Leasehold flat which sold for £220,000 in Feb 2024.
Read more about house prices in RM8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ilchester Road, Dagenham, RM8 has a total of 220 addresses. According to our analysis of all the public data, 223, Ilchester Road, Dagenham is the 196th largest and the 202nd most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in RM8.
The closest station to 223, Ilchester Road, Dagenham is Becontree station which is 800 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 223, Ilchester Road, Dagenham, 39.2% of property is socially rented and 28.8% 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 223, Ilchester Road, Dagenham, 25.4% of residents are recorded as possessing school level qualifications and 30.3% 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 223, Ilchester Road, Dagenham, the average age was 34.3 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 223, Ilchester Road, Dagenham, 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 223, Ilchester Road, Dagenham, 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.