78, Genas Close, Ilford has a single entry in the Land Registry database from January 2009 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 78, Genas Close, Ilford is in very good condition we estimate a sale value of £273,065 and rental value of £1,594 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,858 and a rental value of £1,412 per month.
If you were able to purchase this property for the estimated value of £260,062, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,278 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, 78, Genas Close, Ilford was last sold on 09 Jan 2009 for £133,124 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2009, the market for similar properties has risen 81.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Genas Close, Ilford within a radius of 510 metres over the last 2 years.
The most recent example is 86, Genas Close, Ilford, IG6 2PL, a Leasehold flat which sold for £91,000 in Feb 2023.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Genas Close, Ilford, IG6 has a total of 110 addresses. According to our analysis of all the public data, 78, Genas Close, Ilford is the 102nd largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in IG6.
78, Genas Close, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
According to the public record, 78, Genas Close, Ilford is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Genas Close, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 78 Genas Close Ilford as £260,062 and the rental value as £1,518 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 78 Genas Close Ilford has increased by £6,238 (2.4%) and its rental value has increased by £50 per month (3.3%).
The closest station to 78, Genas Close, Ilford is Fairlop station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 78, Genas Close, Ilford, 50.8% of property is privately owned with a mortgage and 20.8% 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 78, Genas Close, Ilford, 26.3% of residents are recorded as possessing school level qualifications and 47.4% 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 78, Genas Close, Ilford, the average age was 37.7 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 78, Genas Close, Ilford, 0.2% 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 78, Genas Close, 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.