According to the public record, 259, Thorold Road, Ilford is a period leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 259, Thorold Road, Ilford, IG1.
Thorold Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
259, Thorold Road, Ilford has 51 entries in the Land Registry database, most recently in November 2015 and a single entry in the EPC database dated February 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 259 Thorold Road Ilford as £253,280 and the rental value as £1,524 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 259 Thorold Road Ilford has increased by £2,166 (0.9%) and its rental value has increased by £58 per month (3.8%).
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 259, Thorold Road, Ilford is in very good condition we estimate a sale value of £265,944 and rental value of £1,600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,551 and a rental value of £1,418 per month.
If you were able to purchase this property for the estimated value of £253,280, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,245 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, 259, Thorold Road, Ilford was last sold on 10 Nov 2015 for £215,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Nov 2015, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 259, Thorold Road, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 190A, Wellesley Road, Ilford, IG1 4LL, a Leasehold flat which sold for £282,500 in Jun 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorold Road, Ilford, IG1 has a total of 442 addresses. According to our analysis of all the public data, 259, Thorold Road, Ilford is the 418th largest and the 406th most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in IG1.
259, Thorold Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2021.
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 259, Thorold Road, Ilford is Seven Kings station which is 1.0 kilometres 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 259, Thorold Road, Ilford, 40.5% of property is privately owned outright and 39.7% 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 259, Thorold Road, Ilford, 27.8% of residents are recorded as possessing school level qualifications and 39.7% 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 259, Thorold Road, Ilford, the average age was 34.1 and the most common age was 17.
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 259, Thorold Road, 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 259, Thorold Road, Ilford, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.