According to the public record, 18B, Beehive Lane, Ilford is a modern leasehold apartment with 1,291 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 18, Beehive Lane, Ilford, IG1.
Beehive Lane, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
18B, Beehive Lane, Ilford has 21 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated May 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 18B Beehive Lane Ilford as £275,245 and the rental value as £1,612 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 18B Beehive Lane Ilford has increased by £3,137 (1.1%) and its rental value has increased by £56 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 18B, Beehive Lane, Ilford is in very good condition we estimate a sale value of £289,007 and rental value of £1,693 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £255,978 and a rental value of £1,499 per month.
If you were able to purchase this property for the estimated value of £275,245, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,353 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, 18B, Beehive Lane, Ilford was last sold on 31 Mar 2016 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 440 metres radius of 18B, Beehive Lane, Ilford over the last 2 years.
The most recent example is 9A, Beehive Lane, Ilford, IG1 3RG, a Leasehold flat which sold for £250,000 in Jun 2023.
Read more about house prices in IG1.
Beehive Lane, Ilford, IG1 has a total of 185 addresses. According to our analysis of all the public data, 18B, Beehive Lane, Ilford is the 37th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in IG1.
18B, Beehive Lane, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 May 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 18B, Beehive Lane, Ilford is Gants Hill 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 18B, Beehive Lane, Ilford, 35.9% of property is privately rented and 29.8% 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 18B, Beehive Lane, Ilford, 21.7% of residents are recorded as possessing school level qualifications and 39.3% 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 18B, Beehive Lane, Ilford, the average age was 37.5 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 18B, Beehive Lane, Ilford, 0.3% 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 18B, Beehive 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.