According to the public record, 6 Studley Court, Ilford is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Studley Court, Studley Drive, Ilford, IG4.
Studley Drive, Ilford, IG4 is located in the borough of Redbridge within the IG4 postal district.
6 Studley Court, Ilford has 41 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated August 2020.
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 Studley Court Ilford as £256,612 and the rental value as £1,261 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 6 Studley Court Ilford has increased by £3,534 (1.4%) and its rental value has increased by £31 per month (2.4%).
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 Studley Court, Ilford is in very good condition we estimate a sale value of £269,443 and rental value of £1,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,650 and a rental value of £1,173 per month.
If you were able to purchase this property for the estimated value of £256,612, 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, 6 Studley Court, Ilford was last sold on 01 Jun 2021 for £295,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2021, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 Studley Court, Ilford within a radius of 650 metres over the last 2 years.
The most recent example is 5 Studley Court, Studley Drive, Ilford, IG4 5AL, a Leasehold flat which sold for £165,000 in Oct 2022.
Read more about house prices in IG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Studley Drive, Ilford, IG4 has a total of 53 addresses. According to our analysis of all the public data, 6 Studley Court, Ilford is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £290k less expensive than the average property in IG4.
6 Studley Court, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Aug 2020.
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 Studley Court, Ilford is Redbridge 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 Studley Court, Ilford, 37.2% of property is privately rented and 32.4% 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 6 Studley Court, Ilford, 24.7% of residents are recorded as possessing school level qualifications and 48.7% 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 Studley Court, Ilford, the average age was 37.5 and the most common age was 32.
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 Studley Court, 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 6 Studley Court, Ilford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.