According to the public record, 83A , Vicarage Lane, Ilford is a period leasehold apartment with 612 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Vicarage Lane, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
83A , Vicarage Lane, Ilford has 41 entries in the Land Registry database, most recently in February 2018 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 83A Vicarage Lane Ilford as £260,191 and the rental value as £1,580 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 83A Vicarage Lane Ilford has increased by £2,226 (0.9%) and its rental value has increased by £60 per month (3.8%).
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 83A , Vicarage Lane, Ilford is in very good condition we estimate a sale value of £273,201 and rental value of £1,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,978 and a rental value of £1,469 per month.
If you were able to purchase this property for the estimated value of £260,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,279 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, 83A , Vicarage Lane, Ilford was last sold on 28 Feb 2018 for £250,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2018, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83A , Vicarage Lane, Ilford within a radius of 430 metres over the last 2 years.
The most recent example is 54, Friars Close, Ilford, IG1 4AZ, a Leasehold flat which sold for £290,000 in Jul 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vicarage Lane, Ilford, IG1 has a total of 88 addresses. According to our analysis of all the public data, 83A , Vicarage Lane, Ilford is the 86th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in IG1.
83A , Vicarage Lane, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 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 83A , Vicarage Lane, Ilford is Seven Kings station which is 400 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 83A , Vicarage Lane, Ilford, 42.2% of property is privately rented and 28.6% 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 83A , Vicarage Lane, Ilford, 31.9% of residents are recorded as possessing school level qualifications and 41.9% 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 83A , Vicarage Lane, Ilford, the average age was 34.1 and the most common age was 17.
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 83A , Vicarage Lane, Ilford, 0.4% 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 83A , Vicarage Lane, 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.