According to the public record, 431, Cranbrook Road, Ilford is a period apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 431, Cranbrook Road, Ilford, IG1.
Cranbrook Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
431, Cranbrook Road, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2017.
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 431 Cranbrook Road Ilford as £436,759 and the rental value as £1,861 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 431 Cranbrook Road Ilford has increased by £4,787 (1.1%) and its rental value has increased by £63 per month (3.4%).
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 431, Cranbrook Road, Ilford is in very good condition we estimate a sale value of £458,597 and rental value of £1,954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,186 and a rental value of £1,730 per month.
If you were able to purchase this property for the estimated value of £436,759, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,147 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, 431, Cranbrook Road, Ilford was last sold on 07 Dec 2004 for £198,000 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 431, Cranbrook Road, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is 36A, Blenheim Avenue, Ilford, IG2 6JQ, a Leasehold flat which sold for £377,000 in Feb 2020.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranbrook Road, Ilford, IG1 has a total of 328 addresses. According to our analysis of all the public data, 431, Cranbrook Road, Ilford is the 99th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in IG1.
431, Cranbrook Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2017.
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 431, Cranbrook Road, Ilford is Gants Hill station which is 500 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 431, Cranbrook Road, Ilford, 35.9% of property is privately rented and 29.8% 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 431, Cranbrook Road, Ilford, 21.7% of residents are recorded as possessing school level qualifications and 39.3% 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 431, Cranbrook Road, Ilford, the average age was 37.5 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 431, Cranbrook Road, Ilford, 0.3% 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 431, Cranbrook Road, 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.