According to the public record, 48A, Argyle Road, Ilford is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 48, Argyle Road, Ilford, IG1.
Argyle Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
48A, Argyle Road, Ilford has a single entry in the Land Registry database from August 2010 and a single entry in the EPC database dated January 2023.
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 48A Argyle Road Ilford as £266,066 and the rental value as £1,575 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 48A Argyle Road Ilford has increased by £3,029 (1.1%) and its rental value has increased by £61 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 48A, Argyle Road, Ilford is in very good condition we estimate a sale value of £279,369 and rental value of £1,654 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,441 and a rental value of £1,465 per month.
If you were able to purchase this property for the estimated value of £266,066, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,308 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, 48A, Argyle Road, Ilford was last sold on 13 Aug 2010 for £157,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2010, the market for similar properties has risen 78.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48A, Argyle Road, Ilford within a radius of 370 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.
Argyle Road, Ilford, IG1 has a total of 200 addresses. According to our analysis of all the public data, 48A, Argyle Road, Ilford is the 64th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in IG1.
48A, Argyle Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jan 2023.
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 48A, Argyle 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 48A, Argyle Road, Ilford, 63.8% of property is privately rented and 16.0% 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 48A, Argyle Road, Ilford, 28.3% 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 48A, Argyle 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 48A, Argyle Road, Ilford, 1.0% 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 48A, Argyle 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.