According to the public record, 29, Valentines Road, Ilford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 620 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 29, Valentines Road, Ilford, IG1.
Valentines Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
29, Valentines Road, Ilford has a single entry in the Land Registry database from August 2007 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 29 Valentines Road Ilford as £260,381 and the rental value as £1,598 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 29 Valentines Road Ilford has increased by £3,504 (1.3%) and its rental value has increased by £65 per month (4.1%).
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 29, Valentines Road, Ilford is in very good condition we estimate a sale value of £273,400 and rental value of £1,678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,154 and a rental value of £1,486 per month.
If you were able to purchase this property for the estimated value of £260,381, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,280 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, 29, Valentines Road, Ilford was last sold on 01 Aug 2007 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 55.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Valentines Road, Ilford within a radius of 510 metres over the last 2 years.
The most recent example is 94A, Wellesley Road, Ilford, IG1 4JZ, a Leasehold flat which sold for £302,500 in Feb 2022.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valentines Road, Ilford, IG1 has a total of 152 addresses. According to our analysis of all the public data, 29, Valentines Road, Ilford is the 75th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in IG1.
The closest station to 29, Valentines Road, Ilford is Ilford station which is 700 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 29, Valentines Road, Ilford, 59.5% of property is privately rented and 17.5% is privately owned outright.
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 29, Valentines Road, Ilford, 24.8% of residents are recorded as possessing school level qualifications and 43.4% 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 29, Valentines Road, Ilford, the average age was 35 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 29, Valentines 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 29, Valentines Road, Ilford, 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.