According to the public record, First Floor Flat, 56, Westwood Road, Ilford is a period apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 56, Westwood Road, Ilford, IG3.
Westwood Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
First Floor Flat, 56, Westwood Road, Ilford has no records in the Land Registry database and a single entry in the EPC database dated June 2018.
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 First Floor Flat 56 Westwood Road Ilford as £196,094 and the rental value as £1,198 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of First Floor Flat 56 Westwood Road Ilford has increased by £1,199 (0.6%) and its rental value has increased by £49 per month (4.1%).
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 First Floor Flat, 56, Westwood Road, Ilford is in very good condition we estimate a sale value of £205,899 and rental value of £1,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,367 and a rental value of £1,114 per month.
If you were able to purchase this property for the estimated value of £196,094, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £964 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 First Floor Flat, 56, Westwood Road, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is 40D, Wellwood Road, Ilford, IG3 8TU, a Leasehold flat which sold for £190,000 in Aug 2023.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westwood Road, Ilford, IG3 has a total of 223 addresses. According to our analysis of all the public data, First Floor Flat, 56, Westwood Road, Ilford is the 223rd largest and the 215th most expensive property on the street.
When compared to the postcode district it is £271k less expensive than the average property in IG3.
First Floor Flat, 56, Westwood Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jun 2018.
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 First Floor Flat, 56, Westwood Road, Ilford is Goodmayes 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 First Floor Flat, 56, Westwood Road, Ilford, 39.7% of property is privately rented and 29.4% 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 First Floor Flat, 56, Westwood Road, Ilford, 29.5% of residents are recorded as possessing school level qualifications and 29.7% 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 First Floor Flat, 56, Westwood Road, Ilford, the average age was 34.6 and the most common age was 42.
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 First Floor Flat, 56, Westwood 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 First Floor Flat, 56, Westwood Road, Ilford, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.