According to the public record, 38A, Mansfield Road, Ilford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 554 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 38, Mansfield Road, Ilford, IG1.
Mansfield Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
38A, Mansfield Road, Ilford has 71 entries in the Land Registry database, most recently in November 2013 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 38A Mansfield Road Ilford as £269,502 and the rental value as £1,407 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 38A Mansfield Road Ilford has increased by £3,116 (1.2%) and its rental value has increased by £55 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 38A, Mansfield Road, Ilford is in very good condition we estimate a sale value of £282,978 and rental value of £1,478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,637 and a rental value of £1,309 per month.
If you were able to purchase this property for the estimated value of £269,502, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,325 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, 38A, Mansfield Road, Ilford was last sold on 29 Nov 2013 for £128,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Nov 2013, the market for similar properties has risen 58.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38A, Mansfield Road, Ilford within a radius of 380 metres over the last 2 years.
The most recent example is 46B, Argyle Road, Ilford, IG1 3BG, a Leasehold flat which sold for £222,500 in Feb 2024.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mansfield Road, Ilford, IG1 has a total of 259 addresses. According to our analysis of all the public data, 38A, Mansfield Road, Ilford is the 115th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in IG1.
The closest station to 38A, Mansfield 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 38A, Mansfield Road, Ilford, 67.3% of property is privately rented and 15.3% is privately owned with a mortgage.
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 38A, Mansfield Road, Ilford, 20.2% of residents are recorded as possessing school level qualifications and 42.7% 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 38A, Mansfield Road, Ilford, the average age was 33.7 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 38A, Mansfield Road, Ilford, 0.0% 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 38A, Mansfield Road, Ilford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.