According to the public record, 285, Express Drive, Ilford is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Express Drive, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
285, Express Drive, Ilford has a single entry in the Land Registry database from June 2015 and a single entry in the EPC database dated June 2020.
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 285 Express Drive Ilford as £225,881 and the rental value as £1,361 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 285 Express Drive Ilford has increased by £1,812 (0.8%) and its rental value has increased by £63 per month (4.6%).
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 285, Express Drive, Ilford is in very good condition we estimate a sale value of £237,175 and rental value of £1,429 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,070 and a rental value of £1,265 per month.
If you were able to purchase this property for the estimated value of £225,881, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,110 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, 285, Express Drive, Ilford was last sold on 30 Jun 2015 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2015, the market for similar properties has risen 25.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 285, Express Drive, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 107, Express Drive, Ilford, IG3 9QQ, a Leasehold flat which sold for £200,000 in May 2024.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Express Drive, Ilford, IG3 has a total of 231 addresses. According to our analysis of all the public data, 285, Express Drive, Ilford is the 104th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £241k less expensive than the average property in IG3.
285, Express Drive, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to 285, Express Drive, Ilford is Goodmayes station which is 400 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 285, Express Drive, Ilford, 69.9% of property is privately rented and 12.6% 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 285, Express Drive, Ilford, 18.3% of residents are recorded as possessing school level qualifications and 50.6% 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 285, Express Drive, Ilford, the average age was 34.2 and the most common age was 37.
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 285, Express Drive, 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 285, Express Drive, Ilford, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.