According to the public record, 40, St. Peters Close, Ilford is a mid-century leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
St. Peters Close, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
40, St. Peters Close, Ilford has 21 entries in the Land Registry database, most recently in July 2012 and a single entry in the EPC database dated August 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 40 St. Peters Close Ilford as £240,166 and the rental value as £1,417 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 40 St. Peters Close Ilford has decreased by £509 (0.2%) and its rental value has increased by £36 per month (2.6%).
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 40, St. Peters Close, Ilford is in very good condition we estimate a sale value of £252,175 and rental value of £1,488 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,355 and a rental value of £1,318 per month.
If you were able to purchase this property for the estimated value of £240,166, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,180 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, St. Peters Close, Ilford was last sold on 20 Jul 2012 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2012, the market for similar properties has risen 64.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, St. Peters Close, Ilford within a radius of 780 metres over the last 2 years.
The most recent example is 57, St. Peters Close, Ilford, IG2 7QN, a Leasehold flat which sold for £240,000 in Aug 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Peters Close, Ilford, IG2 has a total of 89 addresses. According to our analysis of all the public data, 40, St. Peters Close, Ilford is the 43rd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £232k less expensive than the average property in IG2.
40, St. Peters Close, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 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 40, St. Peters Close, Ilford is Barkingside station which is 800 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 40, St. Peters Close, Ilford, 41.8% of property is privately rented and 25.5% 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 40, St. Peters Close, Ilford, 27.2% of residents are recorded as possessing school level qualifications and 39.0% 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, St. Peters Close, Ilford, the average age was 36.6 and the most common age was 27.
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, St. Peters 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, St. Peters 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.