5, Bush Close, Ilford has a single entry in the Land Registry database from February 2017 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 5, Bush Close, Ilford is in very good condition we estimate a sale value of £300,163 and rental value of £1,429 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,858 and a rental value of £1,266 per month.
If you were able to purchase this property for the estimated value of £285,869, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,405 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, 5, Bush Close, Ilford was last sold on 22 Feb 2017 for £252,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2017, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Bush Close, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is 9, Bush Close, Ilford, IG2 7NL, a Leasehold flat which sold for £300,000 in May 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bush Close, Ilford, IG2 has a total of 27 addresses. According to our analysis of all the public data, 5, Bush Close, Ilford is the 20th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in IG2.
5, Bush Close, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 5, Bush Close, Ilford is a mid-century leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Bush Close, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Bush Close Ilford as £285,869 and the rental value as £1,361 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 5 Bush Close Ilford has increased by £335 (0.1%) and its rental value has increased by £35 per month (2.5%).
The closest station to 5, Bush Close, Ilford is Newbury Park station which is 300 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 5, Bush Close, Ilford, 32.6% of property is socially rented and 31.4% 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 5, Bush Close, Ilford, 22.8% of residents are recorded as possessing school level qualifications and 34.8% 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 5, Bush 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 5, Bush Close, Ilford, 0.6% 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 5, Bush 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.