According to the public record, 52, Davids Way, Ilford is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Davids Way, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
52, Davids Way, Ilford has 2 entries in the Land Registry database, most recently in October 2018 and a single entry in the EPC database dated October 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 52 Davids Way Ilford as £255,038 and the rental value as £1,513 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 52 Davids Way Ilford has increased by £5,033 (2.0%) and its rental value has increased by £54 per month (3.6%).
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 52, Davids Way, Ilford is in very good condition we estimate a sale value of £267,790 and rental value of £1,589 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,186 and a rental value of £1,407 per month.
If you were able to purchase this property for the estimated value of £255,038, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,253 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, 52, Davids Way, Ilford was last sold on 24 Oct 2018 for £230,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2018, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 52, Davids Way, Ilford within a radius of 520 metres over the last 2 years.
The most recent example is 40, Davids Way, Ilford, IG6 3BQ, a Leasehold flat which sold for £215,000 in Mar 2021.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Davids Way, Ilford, IG6 has a total of 42 addresses. According to our analysis of all the public data, 52, Davids Way, Ilford is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £213k less expensive than the average property in IG6.
52, Davids Way, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to 52, Davids Way, Ilford is Hainault station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 52, Davids Way, Ilford, 49.6% of property is privately rented and 22.5% 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 52, Davids Way, Ilford, 24.2% of residents are recorded as possessing school level qualifications and 39.0% 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 52, Davids 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 52, Davids Way, Ilford, 1.4% 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 52, Davids Way, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.