According to the public record, 29A, Gaysham Avenue, Ilford is a early-century leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 29, Gaysham Avenue, Ilford, IG2.
Gaysham Avenue, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
29A, Gaysham Avenue, Ilford has a single entry in the Land Registry database from October 2011 and a single entry in the EPC database dated March 2011.
We combine this information with that 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 29A Gaysham Avenue Ilford as £207,647 and the rental value as £1,311 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 29A Gaysham Avenue Ilford has increased by £141 (0.1%) and its rental value has increased by £29 per month (2.2%).
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 29A, Gaysham Avenue, Ilford is in very good condition we estimate a sale value of £218,029 and rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,111 and a rental value of £1,219 per month.
If you were able to purchase this property for the estimated value of £207,647, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,021 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, 29A, Gaysham Avenue, Ilford was last sold on 28 Oct 2011 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2011, the market for similar properties has risen 66.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29A, Gaysham Avenue, Ilford within a radius of 370 metres over the last 2 years.
The most recent example is The Old Bakery Apartments 37B, Woodford Avenue, Ilford, IG2 6UF, a Leasehold flat which sold for £221,000 in Jun 2023.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gaysham Avenue, Ilford, IG2 has a total of 115 addresses. According to our analysis of all the public data, 29A, Gaysham Avenue, Ilford is the 73rd largest and the 109th most expensive property on the street.
When compared to the postcode district it is £265k less expensive than the average property in IG2.
29A, Gaysham Avenue, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Mar 2011.
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 29A, Gaysham Avenue, Ilford is Gants Hill 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 29A, Gaysham Avenue, 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 29A, Gaysham Avenue, 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 29A, Gaysham Avenue, Ilford, the average age was 35.8 and the most common age was 32.
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 29A, Gaysham Avenue, 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 29A, Gaysham Avenue, 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.