According to the public record, 40, Azalea Close, Ilford is a modern apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Azalea Close, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
40, Azalea Close, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2020.
We combine this information with public data 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 40 Azalea Close Ilford as £259,998 and the rental value as £1,463 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 40 Azalea Close Ilford has increased by £2,328 (0.9%) and its rental value has increased by £54 per month (3.7%).
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 40, Azalea Close, Ilford is in very good condition we estimate a sale value of £272,998 and rental value of £1,536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,798 and a rental value of £1,360 per month.
If you were able to purchase this property for the estimated value of £259,998, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,278 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, 40, Azalea Close, Ilford was last sold on 09 Aug 2002 for £103,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Azalea Close, Ilford within a radius of 400 metres over the last 2 years.
The most recent example is Flat 22, Springfield Court, Forsythia Close, Ilford, IG1 2BN, a Leasehold flat which sold for £275,000 in Feb 2024.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Azalea Close, Ilford, IG1 has a total of 57 addresses. According to our analysis of all the public data, 40, Azalea Close, Ilford is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in IG1.
40, Azalea Close, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 40, Azalea Close, Ilford is Barking 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 40, Azalea Close, Ilford, 31.8% of property is privately rented and 29.4% is socially rented.
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 40, Azalea Close, Ilford, 33.6% of residents are recorded as possessing school level qualifications and 32.8% 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 40, Azalea Close, Ilford, the average age was 31.9 and the most common age was 32.
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 40, Azalea Close, 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 40, Azalea Close, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.