According to the public record, 662, Cranbrook Road, Ilford is a mid-century 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.
662, Cranbrook Road, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2014.
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 662 Cranbrook Road Ilford as £319,233 and the rental value as £1,635 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 662 Cranbrook Road Ilford has increased by £3,972 (1.2%) and its rental value has increased by £49 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 662, Cranbrook Road, Ilford is in very good condition we estimate a sale value of £335,195 and rental value of £1,717 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,887 and a rental value of £1,521 per month.
If you were able to purchase this property for the estimated value of £319,233, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,569 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, 662, Cranbrook Road, Ilford was last sold on 18 Jun 1999 for £69,500 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 662, Cranbrook Road, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 678, Cranbrook Road, Ilford, IG6 1HN, a Leasehold flat which sold for £295,000 in Aug 2023.
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, 662, Cranbrook Road, Ilford is the 69th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in IG6.
662, Cranbrook Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2014.
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 662, 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 662, 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 662, 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 662, 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 662, 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 662, 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.