According to the public record, 44, Knights Way, Ilford is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Knights Way, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
44, Knights Way, Ilford has 21 entries in the Land Registry database, most recently in December 2015 and a single entry in the EPC database dated April 2016.
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 44 Knights Way Ilford as £248,797 and the rental value as £1,554 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 44 Knights Way Ilford has increased by £6,769 (2.7%) and its rental value has increased by £59 per month (3.8%).
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 44, Knights Way, Ilford is in very good condition we estimate a sale value of £261,237 and rental value of £1,631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,382 and a rental value of £1,445 per month.
If you were able to purchase this property for the estimated value of £248,797, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,223 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, 44, Knights Way, Ilford was last sold on 11 Dec 2015 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Knights Way, Ilford within a radius of 540 metres over the last 2 years.
The most recent example is 10 Cobdens, Limes Avenue, Chigwell, IG7 5NT, a Leasehold flat which sold for £270,000 in Sep 2023.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knights Way, Ilford, IG6 has a total of 46 addresses. According to our analysis of all the public data, 44, Knights Way, Ilford is the 42nd largest and the 41st most expensive property on the street.
When compared to the postcode district it is £219k less expensive than the average property in IG6.
44, Knights Way, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2016.
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 44, Knights Way, Ilford is Hainault 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 44, Knights Way, Ilford, 53.8% of property is socially rented and 22.6% is privately 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 44, Knights Way, Ilford, 32.2% of residents are recorded as possessing school level qualifications and 26.8% 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 44, Knights Way, Ilford, the average age was 37.1 and the most common age was 37.
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 44, Knights Way, 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 44, Knights Way, Ilford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.