According to the public record, 5D, Valebrook 2, Ilford is a mid-century leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Valebrook, Park Avenue, Ilford, IG1.
Park Avenue, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
5D, Valebrook 2, Ilford has a single entry in the Land Registry database from September 2016 and a single entry in the EPC database dated February 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 5D Valebrook 2 Ilford as £189,480 and the rental value as £1,113 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 5D Valebrook 2 Ilford has increased by £2,401 (1.3%) and its rental value has increased by £44 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 5D, Valebrook 2, Ilford is in very good condition we estimate a sale value of £198,954 and rental value of £1,168 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,217 and a rental value of £1,035 per month.
If you were able to purchase this property for the estimated value of £189,480, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £931 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, 5D, Valebrook 2, Ilford was last sold on 28 Sep 2016 for £272,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 400 metres radius of 5D, Valebrook 2, Ilford over the last 2 years.
The most recent example is 4B, Valebrook 2, Park Avenue, Ilford, IG1 4RT, a Leasehold flat which sold for £316,000 in Oct 2019.
Read more about house prices in IG1.
Park Avenue, Ilford, IG1 has a total of 87 addresses. According to our analysis of all the public data, 5D, Valebrook 2, Ilford is the 30th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £235k less expensive than the average property in IG1.
5D, Valebrook 2, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Feb 2016.
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 5D, Valebrook 2, Ilford is Ilford station which is 500 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 5D, Valebrook 2, Ilford, 59.8% of property is privately rented and 18.7% 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 5D, Valebrook 2, Ilford, 25.5% of residents are recorded as possessing school level qualifications and 52.2% 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 5D, Valebrook 2, 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 5D, Valebrook 2, Ilford, 1.6% 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 5D, Valebrook 2, 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.