According to the public record, 8, Little Gearies, Ilford is a mid-century apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Little Gearies, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
8, Little Gearies, Ilford has no records in the Land Registry database and a single entry in the EPC database dated January 2024.
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 8 Little Gearies Ilford as £306,266 and the rental value as £1,727 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 8 Little Gearies Ilford has increased by £3,003 (1.0%) and its rental value has increased by £47 per month (2.7%).
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 8, Little Gearies, Ilford is in very good condition we estimate a sale value of £321,580 and rental value of £1,814 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,828 and a rental value of £1,606 per month.
If you were able to purchase this property for the estimated value of £306,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,505 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Little Gearies, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 63, Little Gearies, Ilford, IG6 1HS, a Leasehold flat which sold for £305,000 in Feb 2023.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Little Gearies, Ilford, IG6 has a total of 74 addresses. According to our analysis of all the public data, 8, Little Gearies, Ilford is the 45th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in IG6.
8, Little Gearies, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2024.
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 8, Little Gearies, Ilford is Gants Hill station which is 900 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 8, Little Gearies, 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 8, Little Gearies, 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 8, Little Gearies, 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 8, Little Gearies, 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 8, Little Gearies, 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.