According to the public record, 123A, Fencepiece Road, Ilford is a mid-century apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Fencepiece Road, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
123A, Fencepiece Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated June 2020.
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 123A Fencepiece Road Ilford as £356,584 and the rental value as £1,807 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 123A Fencepiece Road Ilford has increased by £6,861 (1.9%) and its rental value has increased by £52 per month (2.9%).
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 123A, Fencepiece Road, Ilford is in very good condition we estimate a sale value of £374,414 and rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,623 and a rental value of £1,680 per month.
If you were able to purchase this property for the estimated value of £356,584, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,753 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 123A, Fencepiece Road, Ilford within a radius of 440 metres over the last 2 years.
The most recent example is 23, Henrys Walk, Ilford, IG6 2NR, a Leasehold flat which sold for £317,500 in May 2022.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fencepiece Road, Ilford, IG6 has a total of 309 addresses. According to our analysis of all the public data, 123A, Fencepiece Road, Ilford is the 173rd largest and the 217th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in IG6.
123A, Fencepiece Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jun 2020.
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 123A, Fencepiece Road, Ilford is Hainault station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 123A, Fencepiece Road, Ilford, 29.5% of property is privately rented and 27.9% 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 123A, Fencepiece Road, Ilford, 31.6% of residents are recorded as possessing school level qualifications and 28.9% 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 123A, Fencepiece Road, Ilford, the average age was 37.1 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 123A, Fencepiece Road, Ilford, 0.3% 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 123A, Fencepiece 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.