According to the public record, 4 Budoch Court, Ilford is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Budoch Court, Budoch Drive, Ilford, IG3.
Budoch Drive, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
4 Budoch Court, Ilford has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated October 2015.
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 4 Budoch Court Ilford as £280,145 and the rental value as £1,574 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 4 Budoch Court Ilford has increased by £3,539 (1.3%) and its rental value has increased by £75 per month (4.8%).
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 4 Budoch Court, Ilford is in very good condition we estimate a sale value of £294,152 and rental value of £1,652 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,535 and a rental value of £1,464 per month.
If you were able to purchase this property for the estimated value of £280,145, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,377 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, 4 Budoch Court, Ilford was last sold on 09 Mar 2021 for £293,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Budoch Court, Ilford within a radius of 490 metres over the last 2 years.
The most recent example is 20 Pooles Court, Goodmayes Lane, Ilford, IG3 9PN, a Leasehold flat which sold for £270,000 in Feb 2022.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Budoch Drive, Ilford, IG3 has a total of 72 addresses. According to our analysis of all the public data, 4 Budoch Court, Ilford is the 48th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in IG3.
4 Budoch Court, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Oct 2015.
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 4 Budoch Court, Ilford is Goodmayes 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 4 Budoch Court, Ilford, 46.8% of property is privately rented and 18.7% 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 4 Budoch Court, Ilford, 31.7% of residents are recorded as possessing school level qualifications and 35.1% 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 4 Budoch Court, Ilford, the average age was 34.7 and the most common age was 12.
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 4 Budoch 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 4 Budoch Court, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.