According to the public record, 6, Fenman Gardens, Ilford is a modern leasehold apartment with 333 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Fenman Gardens, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
6, Fenman Gardens, Ilford has 31 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated November 2013.
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 6 Fenman Gardens Ilford as £176,643 and the rental value as £1,047 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 6 Fenman Gardens Ilford has increased by £1,341 (0.8%) and its rental value has increased by £48 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 6, Fenman Gardens, Ilford is in very good condition we estimate a sale value of £185,475 and rental value of £1,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,278 and a rental value of £974 per month.
If you were able to purchase this property for the estimated value of £176,643, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £868 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, 6, Fenman Gardens, Ilford was last sold on 10 Aug 2018 for £205,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2018, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Fenman Gardens, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 37, Express Drive, Ilford, IG3 9QD, a Leasehold flat which sold for £138,000 in Jan 2017.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fenman Gardens, Ilford, IG3 has a total of 151 addresses. According to our analysis of all the public data, 6, Fenman Gardens, Ilford is the 144th largest and the 144th most expensive property on the street.
When compared to the postcode district it is £290k less expensive than the average property in IG3.
6, Fenman Gardens, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Nov 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to 6, Fenman Gardens, Ilford is Goodmayes station which is 200 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 6, Fenman Gardens, 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 6, Fenman Gardens, 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 6, Fenman Gardens, 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 6, Fenman Gardens, 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 6, Fenman Gardens, 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.