According to the public record, 51, Express Drive, Ilford is a modern leasehold apartment with 607 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Express Drive, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
51, Express Drive, Ilford has 21 entries in the Land Registry database, most recently in February 2008 and a single entry in the EPC database dated September 2010.
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 51 Express Drive Ilford as £256,486 and the rental value as £1,444 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 51 Express Drive Ilford has increased by £2,058 (0.8%) and its rental value has increased by £67 per month (4.6%).
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 51, Express Drive, Ilford is in very good condition we estimate a sale value of £269,311 and rental value of £1,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,532 and a rental value of £1,343 per month.
If you were able to purchase this property for the estimated value of £256,486, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,261 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, 51, Express Drive, Ilford was last sold on 22 Feb 2008 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2008, the market for similar properties has risen 51.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Express Drive, Ilford within a radius of 450 metres over the last 2 years.
The most recent example is 75, Express Drive, Ilford, IG3 9QQ, a Leasehold flat which sold for £217,000 in May 2024.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Express Drive, Ilford, IG3 has a total of 231 addresses. According to our analysis of all the public data, 51, Express Drive, Ilford is the 45th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in IG3.
51, Express Drive, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2010.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 51, Express Drive, Ilford is Goodmayes 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 51, Express Drive, Ilford, 60.3% of property is privately rented and 19.0% 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 51, Express Drive, Ilford, 29.3% of residents are recorded as possessing school level qualifications and 45.3% 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 51, Express Drive, 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 51, Express Drive, 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 51, Express Drive, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.