According to the public record, 3B, Granton Road, Ilford is a period apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Granton Road, Ilford, IG3.
Granton Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
3B, Granton Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated February 2020.
We combine this information with public data 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 3B Granton Road Ilford as £236,238 and the rental value as £1,401 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 3B Granton Road Ilford has increased by £2,065 (0.9%) and its rental value has increased by £61 per month (4.4%).
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 3B, Granton Road, Ilford is in very good condition we estimate a sale value of £248,050 and rental value of £1,471 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,701 and a rental value of £1,303 per month.
If you were able to purchase this property for the estimated value of £236,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,161 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3B, Granton Road, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is Flat 17, Elder House 1B, Broomhill Road, Ilford, IG3 9SH, a Leasehold flat which sold for £90,000 in May 2024.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Granton Road, Ilford, IG3 has a total of 7 addresses. According to our analysis of all the public data, 3B, Granton Road, Ilford is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £231k less expensive than the average property in IG3.
3B, Granton Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Feb 2020.
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 3B, Granton Road, Ilford is Goodmayes station which is 300 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 3B, Granton Road, Ilford, 40.0% of property is privately owned outright and 32.7% 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 3B, Granton Road, Ilford, 25.3% of residents are recorded as possessing school level qualifications and 35.7% 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 3B, Granton Road, Ilford, the average age was 34.2 and the most common age was 37.
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 3B, Granton 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 3B, Granton Road, Ilford, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.