According to the public record, 39B, New Mossford Way, Ilford is a modern leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 39, New Mossford Way, Barkingside, Ilford, IG6.
New Mossford Way, Barkingside, Ilford, IG6 is located in the borough of Redbridge within the IG6 postal district.
39B, New Mossford Way, Ilford has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated August 2018.
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 39B New Mossford Way Ilford as £482,757 and the rental value as £1,932 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 39B New Mossford Way Ilford has increased by £4,779 (1.0%) and its rental value has increased by £54 per month (2.8%).
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 39B, New Mossford Way, Ilford is in very good condition we estimate a sale value of £506,894 and rental value of £2,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,964 and a rental value of £1,797 per month.
If you were able to purchase this property for the estimated value of £482,757, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,373 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, 39B, New Mossford Way, Ilford was last sold on 19 Apr 2021 for £485,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39B, New Mossford Way, Ilford within a radius of 530 metres over the last 2 years.
The most recent example is 5B, Thomas Barnardo Way, Ilford, IG6 1FY, a Leasehold flat which sold for £515,000 in Dec 2022.
Read more about house prices in IG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Mossford Way, Barkingside, Ilford, IG6 has a total of 126 addresses. According to our analysis of all the public data, 39B, New Mossford Way, Ilford is the 28th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in IG6.
39B, New Mossford Way, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 39B, New Mossford Way, Ilford is Barkingside 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 39B, New Mossford Way, Ilford, 36.8% of property is privately rented and 22.9% is socially rented.
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 39B, New Mossford Way, Ilford, 23.5% of residents are recorded as possessing school level qualifications and 47.5% 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 39B, New Mossford Way, Ilford, the average age was 36.6 and the most common age was 27.
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 39B, New Mossford Way, 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 39B, New Mossford Way, Ilford, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.