According to the public record, 116A, Thorold Road, Ilford is a period apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 116, Thorold Road, Ilford, IG1.
Thorold Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
116A, Thorold Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated May 2019.
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 116A Thorold Road Ilford as £304,937 and the rental value as £1,816 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 116A Thorold Road Ilford has increased by £6,281 (2.1%) and its rental value has increased by £88 per month (4.8%).
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 116A, Thorold Road, Ilford is in very good condition we estimate a sale value of £320,184 and rental value of £1,906 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,591 and a rental value of £1,688 per month.
If you were able to purchase this property for the estimated value of £304,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,499 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 116A, Thorold Road, Ilford within a radius of 380 metres over the last 2 years.
The most recent example is 78A, Wellesley Road, Ilford, IG1 4JZ, a Leasehold flat which sold for £296,000 in Aug 2021.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorold Road, Ilford, IG1 has a total of 442 addresses. According to our analysis of all the public data, 116A, Thorold Road, Ilford is the 349th largest and the 362nd most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in IG1.
116A, Thorold Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 2019.
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 116A, Thorold Road, Ilford is Ilford station which is 500 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 116A, Thorold Road, Ilford, 43.2% of property is privately rented and 30.5% 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 116A, Thorold Road, Ilford, 31.9% of residents are recorded as possessing school level qualifications and 35.4% 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 116A, Thorold Road, Ilford, the average age was 35 and the most common age was 42.
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 116A, Thorold 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 116A, Thorold Road, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.