5, Ravenings Parade, Ilford has 31 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated July 2017.
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, Ravenings Parade, Ilford is in very good condition we estimate a sale value of £220,773 and rental value of £1,160 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,542 and a rental value of £1,028 per month.
If you were able to purchase this property for the estimated value of £210,260, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,033 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, Ravenings Parade, Ilford was last sold on 06 Dec 2017 for £210,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ravenings Parade, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is 137, Fenman Gardens, Ilford, IG3 9TP, a Leasehold flat which sold for £200,500 in May 2021.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ravenings Parade, Ilford, IG3 has a total of 13 addresses. According to our analysis of all the public data, 5, Ravenings Parade, Ilford is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £257k less expensive than the average property in IG3.
5, Ravenings Parade, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
According to the public record, 5, Ravenings Parade, Ilford is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Ravenings Parade, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Ravenings Parade Ilford as £210,260 and the rental value as £1,105 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 5 Ravenings Parade Ilford has increased by £1,597 (0.8%) and its rental value has increased by £51 per month (4.6%).
The closest station to 5, Ravenings Parade, Ilford is Goodmayes station which is 0 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, Ravenings Parade, Ilford, 69.8% of property is privately rented and 12.6% is privately owned with a mortgage.
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, Ravenings Parade, Ilford, 31.8% of residents are recorded as possessing school level qualifications and 47.6% 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, Ravenings Parade, Ilford, the average age was 34.2 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 5, Ravenings Parade, 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 5, Ravenings Parade, Ilford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.