According to the public record, 108A, Goodmayes Road, Ilford is a period apartment with 1,173 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Goodmayes Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
108A, Goodmayes Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated January 2017.
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 108A Goodmayes Road Ilford as £212,787 and the rental value as £1,246 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 108A Goodmayes Road Ilford has increased by £3,666 (1.7%) and its rental value has increased by £66 per month (5.3%).
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 108A, Goodmayes Road, Ilford is in very good condition we estimate a sale value of £223,426 and rental value of £1,309 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,892 and a rental value of £1,159 per month.
If you were able to purchase this property for the estimated value of £212,787, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,046 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 property sales within a 420 metres radius of 108A, Goodmayes Road, Ilford over the last 2 years.
The most recent example is 1, Kildowan Road, Ilford, IG3 9XW, a Leasehold flat which sold for £660,000 in Feb 2021.
Read more about house prices in IG3.
Goodmayes Road, Ilford, IG3 has a total of 143 addresses. According to our analysis of all the public data, 108A, Goodmayes Road, Ilford is the 3rd largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £254k less expensive than the average property in IG3.
108A, Goodmayes Road, Ilford has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 28 Jan 2017.
The property is not connected to mains gas and has mostly double glazing. It is heated using electric heaters.
The closest station to 108A, Goodmayes Road, Ilford is Goodmayes 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 108A, Goodmayes Road, Ilford, 62.0% of property is privately rented and 18.4% 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 108A, Goodmayes Road, Ilford, 28.4% of residents are recorded as possessing school level qualifications and 31.8% 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 108A, Goodmayes Road, Ilford, the average age was 34.2 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 108A, Goodmayes Road, 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 108A, Goodmayes 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.