According to the public record, 24 Heathcote Court, Ilford is a mid-century leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Heathcote Court, Heathcote Avenue, Ilford, IG5.
Heathcote Avenue, Ilford, IG5 is located in the borough of Redbridge within the IG5 postal district.
24 Heathcote Court, Ilford has 21 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated June 2016.
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 24 Heathcote Court Ilford as £287,188 and the rental value as £1,375 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 24 Heathcote Court Ilford has increased by £4,182 (1.5%) and its rental value has increased by £23 per month (1.7%).
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 24 Heathcote Court, Ilford is in very good condition we estimate a sale value of £301,547 and rental value of £1,444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,085 and a rental value of £1,279 per month.
If you were able to purchase this property for the estimated value of £287,188, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,411 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, 24 Heathcote Court, Ilford was last sold on 05 Jan 2018 for £290,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2018, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24 Heathcote Court, Ilford within a radius of 540 metres over the last 2 years.
The most recent example is 19 Heathcote Court, Heathcote Avenue, Ilford, IG5 0QP, a Leasehold flat which sold for £265,000 in Dec 2022.
Read more about house prices in IG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heathcote Avenue, Ilford, IG5 has a total of 99 addresses. According to our analysis of all the public data, 24 Heathcote Court, Ilford is the 30th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £259k less expensive than the average property in IG5.
24 Heathcote Court, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jun 2016.
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 24 Heathcote Court, Ilford is Gants Hill station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 24 Heathcote Court, Ilford, 60.9% of property is socially rented and 12.7% is privately 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 24 Heathcote Court, Ilford, 23.4% of residents are recorded as possessing school level qualifications and 32.6% 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 24 Heathcote Court, 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 24 Heathcote Court, 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 24 Heathcote Court, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.