According to the public record, 175A, Beehive Lane, Ilford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 435 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 175, Beehive Lane, Ilford, IG4.
Beehive Lane, Ilford, IG4 is located in the borough of Redbridge within the IG4 postal district.
175A, Beehive Lane, Ilford has 21 entries in the Land Registry database, most recently in February 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 175A Beehive Lane Ilford as £220,751 and the rental value as £1,025 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 175A Beehive Lane Ilford has increased by £3,451 (1.6%) and its rental value has increased by £20 per month (2.0%).
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 175A, Beehive Lane, Ilford is in very good condition we estimate a sale value of £231,789 and rental value of £1,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,299 and a rental value of £953 per month.
If you were able to purchase this property for the estimated value of £220,751, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,085 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, 175A, Beehive Lane, Ilford was last sold on 10 Feb 2012 for £90,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2012, the market for similar properties has risen 66.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 175A, Beehive Lane, Ilford within a radius of 470 metres over the last 2 years.
The most recent example is Flat 9, Beehive Court, Beehive Lane, Ilford, IG1 3RR, a Leasehold flat which sold for £206,250 in Mar 2021.
Read more about house prices in IG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beehive Lane, Ilford, IG4 has a total of 165 addresses. According to our analysis of all the public data, 175A, Beehive Lane, Ilford is the 124th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £326k less expensive than the average property in IG4.
The closest station to 175A, Beehive Lane, Ilford is Gants Hill station which is 600 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 175A, Beehive Lane, Ilford, 37.0% of property is privately owned with a mortgage and 30.4% 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 175A, Beehive Lane, Ilford, 30.7% of residents are recorded as possessing school level qualifications and 46.9% 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 175A, Beehive Lane, Ilford, the average age was 40 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 175A, Beehive Lane, Ilford, 0.8% 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 175A, Beehive Lane, Ilford, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.