According to the public record, 42A, Valentines Road, Ilford is a period leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 42, Valentines Road, Ilford, IG1.
Valentines Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
42A, Valentines Road, Ilford has 41 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated July 2015.
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 42A Valentines Road Ilford as £302,874 and the rental value as £1,543 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 42A Valentines Road Ilford has increased by £4,076 (1.3%) and its rental value has increased by £63 per month (4.1%).
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 42A, Valentines Road, Ilford is in very good condition we estimate a sale value of £318,018 and rental value of £1,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,673 and a rental value of £1,435 per month.
If you were able to purchase this property for the estimated value of £302,874, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,489 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, 42A, Valentines Road, Ilford was last sold on 12 Apr 2018 for £240,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2018, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42A, Valentines Road, Ilford within a radius of 510 metres over the last 2 years.
The most recent example is 61A, Balfour Road, Ilford, IG1 4HR, a Leasehold flat which sold for £350,000 in Jun 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valentines Road, Ilford, IG1 has a total of 152 addresses. According to our analysis of all the public data, 42A, Valentines Road, Ilford is the 86th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in IG1.
42A, Valentines Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2015.
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 42A, Valentines Road, Ilford is Ilford station which is 700 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 42A, Valentines Road, Ilford, 59.5% of property is privately rented and 17.5% 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 42A, Valentines Road, Ilford, 24.8% of residents are recorded as possessing school level qualifications and 43.4% 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 42A, Valentines Road, 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 42A, Valentines 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 42A, Valentines Road, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.