According to the public record, 654, Cranbrook Road, Ilford is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cranbrook Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
654, Cranbrook Road, Ilford has 21 entries in the Land Registry database, most recently in May 2014 and a single entry in the EPC database dated August 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 654 Cranbrook Road Ilford as £262,654 and the rental value as £1,345 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 654 Cranbrook Road Ilford has increased by £3,268 (1.2%) and its rental value has increased by £41 per month (3.0%).
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 654, Cranbrook Road, Ilford is in very good condition we estimate a sale value of £275,787 and rental value of £1,413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,268 and a rental value of £1,251 per month.
If you were able to purchase this property for the estimated value of £262,654, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,291 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, 654, Cranbrook Road, Ilford was last sold on 15 May 2014 for £204,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2014, the market for similar properties has risen 37.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 654, Cranbrook Road, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 31, Little Gearies, Ilford, IG6 1HR, a Leasehold flat which sold for £315,000 in Jun 2021.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranbrook Road, Ilford, IG6 has a total of 132 addresses. According to our analysis of all the public data, 654, Cranbrook Road, Ilford is the 68th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in IG6.
654, Cranbrook Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Aug 2013.
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 654, Cranbrook Road, Ilford is Gants Hill station which is 800 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 654, Cranbrook Road, Ilford, 54.0% of property is privately rented and 26.2% is socially rented.
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 654, Cranbrook Road, Ilford, 34.9% of residents are recorded as possessing school level qualifications and 36.1% 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 654, Cranbrook Road, Ilford, the average age was 35.8 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 654, Cranbrook Road, 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 654, Cranbrook Road, Ilford, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.