According to the public record, 8B, Belgrave Road, Ilford is a period apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, Belgrave Road, Ilford, IG1.
Belgrave Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
8B, Belgrave Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated November 2021.
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 8B Belgrave Road Ilford as £249,253 and the rental value as £1,355 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 8B Belgrave Road Ilford has increased by £2,499 (1.0%) and its rental value has increased by £51 per month (3.8%).
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 8B, Belgrave Road, Ilford is in very good condition we estimate a sale value of £261,716 and rental value of £1,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,806 and a rental value of £1,260 per month.
If you were able to purchase this property for the estimated value of £249,253, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,225 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 8B, Belgrave Road, Ilford within a radius of 330 metres over the last 2 years.
The most recent example is 36B, York Road, Ilford, IG1 3AF, a Leasehold flat which sold for £266,000 in May 2023.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belgrave Road, Ilford, IG1 has a total of 259 addresses. According to our analysis of all the public data, 8B, Belgrave Road, Ilford is the 159th largest and the 158th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in IG1.
8B, Belgrave Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 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 8B, Belgrave Road, Ilford is Ilford station which is 200 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 8B, Belgrave Road, Ilford, 64.8% of property is privately rented and 14.3% 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 8B, Belgrave Road, Ilford, 24.8% of residents are recorded as possessing school level qualifications and 41.9% 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 8B, Belgrave 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 8B, Belgrave 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 8B, Belgrave Road, 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.