According to the public record, 199A, Ley Street, Ilford is a period apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Ley Street, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
199A, Ley Street, Ilford has no records in the Land Registry database and a single entry in the EPC database dated May 2018.
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 199A Ley Street Ilford as £204,902 and the rental value as £1,309 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 199A Ley Street Ilford has increased by £2,354 (1.1%) and its rental value has increased by £51 per month (3.9%).
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 199A, Ley Street, Ilford is in very good condition we estimate a sale value of £215,147 and rental value of £1,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,559 and a rental value of £1,218 per month.
If you were able to purchase this property for the estimated value of £204,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,007 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 199A, Ley Street, Ilford within a radius of 390 metres over the last 2 years.
The most recent example is Flat 28, Spectrum Tower 2-20, Hainault Street, Ilford, IG1 4GZ, a Leasehold flat which sold for £236,000 in Mar 2018.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ley Street, Ilford, IG1 has a total of 453 addresses. According to our analysis of all the public data, 199A, Ley Street, Ilford is the 327th largest and the 382nd most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in IG1.
199A, Ley Street, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 199A, Ley Street, Ilford is Ilford 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 199A, Ley Street, 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 199A, Ley Street, 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 199A, Ley Street, 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 199A, Ley Street, 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 199A, Ley Street, 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.