According to the public record, Flat 1, 19, Vernon Road, Ilford is a period apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 19, Vernon Road, Ilford, IG3.
Vernon Road, Ilford, IG3 is located in the borough of Redbridge within the IG3 postal district.
Flat 1, 19, Vernon Road, Ilford has no recent1 records in the Land Registry database and a single entry in the EPC database dated August 2019.
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 Flat 1 19 Vernon Road Ilford as £245,476 and the rental value as £1,477 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 1 19 Vernon Road Ilford has increased by £2,051 (0.8%) and its rental value has increased by £62 per month (4.2%).
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 Flat 1, 19, Vernon Road, Ilford is in very good condition we estimate a sale value of £257,750 and rental value of £1,551 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,292 and a rental value of £1,374 per month.
If you were able to purchase this property for the estimated value of £245,476, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,206 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, Flat 1, 19, Vernon Road, Ilford was last sold on 18 Aug 2003 for £345,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 19, Vernon Road, Ilford within a radius of 410 metres over the last 2 years.
The most recent example is 12, Hobbs Mews, Ilford, IG3 9JZ, a Leasehold flat which sold for £225,000 in Aug 2019.
Read more about house prices in IG3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vernon Road, Ilford, IG3 has a total of 94 addresses. According to our analysis of all the public data, Flat 1, 19, Vernon Road, Ilford is the 84th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in IG3.
Flat 1, 19, Vernon Road, Ilford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2019.
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 Flat 1, 19, Vernon Road, Ilford is Seven Kings station which is 100 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 Flat 1, 19, Vernon Road, Ilford, 37.4% of property is privately rented and 33.1% 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 Flat 1, 19, Vernon Road, Ilford, 23.3% of residents are recorded as possessing school level qualifications and 30.5% 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 Flat 1, 19, Vernon Road, Ilford, the average age was 34.2 and the most common age was 37.
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 Flat 1, 19, Vernon 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 Flat 1, 19, Vernon Road, Ilford, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.