According to the public record, 120B, Stanley Road, Ilford is a period leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 120, Stanley Road, Ilford, IG1.
Stanley Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
120B, Stanley Road, Ilford has 41 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated July 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 120B Stanley Road Ilford as £219,074 and the rental value as £1,159 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 120B Stanley Road Ilford has increased by £533 (0.2%) and its rental value has increased by £40 per month (3.4%).
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 120B, Stanley Road, Ilford is in very good condition we estimate a sale value of £230,027 and rental value of £1,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,738 and a rental value of £1,078 per month.
If you were able to purchase this property for the estimated value of £219,074, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,077 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, 120B, Stanley Road, Ilford was last sold on 22 Jan 2018 for £228,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2018, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120B, Stanley Road, Ilford within a radius of 460 metres over the last 2 years.
The most recent example is 120A, Stanley Road, Ilford, IG1 1RB, a Leasehold flat which sold for £250,000 in Sep 2022.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanley Road, Ilford, IG1 has a total of 144 addresses. According to our analysis of all the public data, 120B, Stanley Road, Ilford is the 141st largest and the 144th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in IG1.
120B, Stanley Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2021.
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 120B, Stanley Road, Ilford is Seven Kings 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 120B, Stanley Road, 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 120B, Stanley Road, 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 120B, Stanley 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 120B, Stanley 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 120B, Stanley Road, 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.