According to the public record, 79B, Netley Road, Ilford is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 79, Netley Road, Ilford, IG2.
Netley Road, Ilford, IG2 is located in the borough of Redbridge within the IG2 postal district.
79B, Netley Road, Ilford has a single entry in the Land Registry database from June 2014 and a single entry in the EPC database dated February 2017.
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 79B Netley Road Ilford as £203,102 and the rental value as £1,306 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 79B Netley Road Ilford has increased by £238 (0.1%) and its rental value has increased by £33 per month (2.5%).
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 79B, Netley Road, Ilford is in very good condition we estimate a sale value of £213,257 and rental value of £1,371 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,884 and a rental value of £1,215 per month.
If you were able to purchase this property for the estimated value of £203,102, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £998 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, 79B, Netley Road, Ilford was last sold on 02 Jun 2014 for £163,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2014, the market for similar properties has risen 35.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 79B, Netley Road, Ilford within a radius of 480 metres over the last 2 years.
The most recent example is 81A, Netley Road, Ilford, IG2 7NP, a Leasehold flat which sold for £183,000 in Jan 2022.
Read more about house prices in IG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Netley Road, Ilford, IG2 has a total of 153 addresses. According to our analysis of all the public data, 79B, Netley Road, Ilford is the 139th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £269k less expensive than the average property in IG2.
79B, Netley Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2017.
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 79B, Netley Road, Ilford is Newbury Park 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 79B, Netley Road, Ilford, 32.6% of property is socially rented and 31.4% is privately 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 79B, Netley Road, Ilford, 22.8% of residents are recorded as possessing school level qualifications and 34.8% 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 79B, Netley Road, 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 79B, Netley Road, Ilford, 0.6% 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 79B, Netley Road, Ilford, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.