According to the public record, 6, Laing Close, Ilford is a mid-century apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Laing Close, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
6, Laing Close, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated December 2019.
We combine this information with public data 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 Laing Close Ilford as £277,916 and the rental value as £1,544 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 6 Laing Close Ilford has increased by £5,811 (2.1%) and its rental value has increased by £52 per month (3.3%).
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, Laing Close, Ilford is in very good condition we estimate a sale value of £291,811 and rental value of £1,621 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,462 and a rental value of £1,436 per month.
If you were able to purchase this property for the estimated value of £277,916, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,366 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, Laing Close, Ilford was last sold on 24 Aug 1995 for £39,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Laing Close, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is Flat 17, Sonar House 1, Marine Crescent, Ilford, IG6 2FA, a Leasehold flat which sold for £283,000 in Oct 2023.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laing Close, Ilford, IG6 has a total of 102 addresses. According to our analysis of all the public data, 6, Laing Close, Ilford is the 54th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in IG6.
6, Laing Close, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 2019.
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 6, Laing Close, Ilford is Hainault station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Laing Close, Ilford, 45.3% of property is privately rented and 29.4% 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, Laing Close, Ilford, 17.5% of residents are recorded as possessing school level qualifications and 44.0% 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 6, Laing Close, 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 6, Laing Close, 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, Laing Close, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.