According to the public record, 43D, Balfour Road, Ilford is a modern apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 43, Balfour Road, Ilford, IG1.
Balfour Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
43D, Balfour Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated February 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 43D Balfour Road Ilford as £217,142 and the rental value as £1,354 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 43D Balfour Road Ilford has increased by £1,541 (0.7%) and its rental value has increased by £47 per month (3.5%).
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 43D, Balfour Road, Ilford is in very good condition we estimate a sale value of £227,999 and rental value of £1,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,942 and a rental value of £1,259 per month.
If you were able to purchase this property for the estimated value of £217,142, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,067 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 43D, Balfour Road, Ilford within a radius of 380 metres over the last 2 years.
The most recent example is Flat 13, Kingsley Mews, Ley Street, Ilford, IG1 4BT, a Leasehold flat which sold for £235,000 in Jan 2022.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balfour Road, Ilford, IG1 has a total of 379 addresses. According to our analysis of all the public data, 43D, Balfour Road, Ilford is the 307th largest and the 350th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in IG1.
43D, Balfour Road, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Feb 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 43D, Balfour 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 43D, Balfour Road, Ilford, 48.9% of property is privately rented and 29.3% 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 43D, Balfour Road, Ilford, 26.6% of residents are recorded as possessing school level qualifications and 31.6% 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 43D, Balfour 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 43D, Balfour Road, Ilford, 0.8% 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 43D, Balfour 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.