According to the public record, 25, Lynn Road, Ilford is a mid-century leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Lynn Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
25, Lynn Road, Ilford has 21 entries in the Land Registry database, most recently in October 2010 and a single entry in the EPC database dated April 2021.
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 25 Lynn Road Ilford as £332,434 and the rental value as £1,666 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 25 Lynn Road Ilford has increased by £1,126 (0.3%) and its rental value has increased by £46 per month (2.8%).
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 25, Lynn Road, Ilford is in very good condition we estimate a sale value of £349,055 and rental value of £1,749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,163 and a rental value of £1,549 per month.
If you were able to purchase this property for the estimated value of £332,434, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,634 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, 25, Lynn Road, Ilford was last sold on 15 Oct 2010 for £154,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2010, the market for similar properties has risen 65.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 25, Lynn Road, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is 556, Ley Street, Ilford, IG2 7DB, a Leasehold flat which sold for £178,000 in Jun 2011.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lynn Road, Ilford, IG2 has a total of 106 addresses. According to our analysis of all the public data, 25, Lynn Road, Ilford is the 35th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in IG2.
25, Lynn Road, Ilford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 25, Lynn Road, Ilford is Newbury Park station which is 600 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 25, Lynn Road, Ilford, 67.9% of property is privately rented and 16.5% 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 25, Lynn Road, Ilford, 25.2% of residents are recorded as possessing school level qualifications and 45.7% 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 25, Lynn Road, Ilford, the average age was 36.7 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 25, Lynn Road, 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 25, Lynn Road, 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.