According to the public record, Apartment 14, Gilford House 93, Ilford is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Gilford House, Clements Road, Ilford, IG1.
Clements Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Apartment 14, Gilford House 93, Ilford has 2 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated October 2021.
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 Apartment 14 Gilford House 93 Ilford as £328,019 and the rental value as £1,710 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Apartment 14 Gilford House 93 Ilford has increased by £4,596 (1.4%) and its rental value has increased by £73 per month (4.3%).
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 Apartment 14, Gilford House 93, Ilford is in very good condition we estimate a sale value of £344,420 and rental value of £1,796 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,057 and a rental value of £1,590 per month.
If you were able to purchase this property for the estimated value of £328,019, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,612 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, Apartment 14, Gilford House 93, Ilford was last sold on 12 Jun 2015 for £253,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2015, the market for similar properties has risen 26.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 14, Gilford House 93, Ilford within a radius of 390 metres over the last 2 years.
The most recent example is Flat 27, Spectrum Tower 2-20, Hainault Street, Ilford, IG1 4GZ, a Leasehold flat which sold for £280,000 in Aug 2017.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clements Road, Ilford, IG1 has a total of 72 addresses. According to our analysis of all the public data, Apartment 14, Gilford House 93, Ilford is the 13th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in IG1.
Apartment 14, Gilford House 93, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 14, Gilford House 93, Ilford is Ilford 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 Apartment 14, Gilford House 93, Ilford, 36.2% of property is privately owned with a mortgage and 34.1% 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 Apartment 14, Gilford House 93, Ilford, 29.1% of residents are recorded as possessing school level qualifications and 42.3% 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 Apartment 14, Gilford House 93, 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 Apartment 14, Gilford House 93, 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 Apartment 14, Gilford House 93, Ilford, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.