According to the public record, 45, Auckland Road, Ilford is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 45, Auckland Road, Ilford, IG1.
Auckland Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
45, Auckland Road, Ilford has 31 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated July 2020.
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 45 Auckland Road Ilford as £295,990 and the rental value as £1,610 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 45 Auckland Road Ilford has increased by £4,691 (1.6%) and its rental value has increased by £65 per month (4.0%).
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 45, Auckland Road, Ilford is in very good condition we estimate a sale value of £310,789 and rental value of £1,690 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,271 and a rental value of £1,497 per month.
If you were able to purchase this property for the estimated value of £295,990, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,455 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, 45, Auckland Road, Ilford was last sold on 07 Apr 2021 for £272,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Auckland Road, Ilford within a radius of 520 metres over the last 2 years.
The most recent example is 64A, Coventry Road, Ilford, IG1 4RD, a Leasehold flat which sold for £270,000 in Aug 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Auckland Road, Ilford, IG1 has a total of 184 addresses. According to our analysis of all the public data, 45, Auckland Road, Ilford is the 171st largest and the 159th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in IG1.
45, Auckland Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 2020.
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 45, Auckland Road, Ilford is Ilford station which is 900 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 45, Auckland Road, Ilford, 33.6% of property is privately rented and 31.0% 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 45, Auckland Road, Ilford, 26.1% of residents are recorded as possessing school level qualifications and 49.8% 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 45, Auckland Road, Ilford, the average age was 35 and the most common age was 42.
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 45, Auckland Road, 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 45, Auckland Road, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.