According to the public record, Flat 1, Golfe House, Ilford is a modern leasehold apartment with 258 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in Golfe House, Golfe Road, Ilford, IG1.
Golfe Road, Ilford, IG1 is located in the borough of Redbridge within the IG1 postal district.
Flat 1, Golfe House, Ilford has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated March 2018.
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 Flat 1 Golfe House Ilford as £143,979 and the rental value as £913 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 1 Golfe House Ilford has increased by £477 (0.3%) and its rental value has increased by £33 per month (3.6%).
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, Golfe House, Ilford is in very good condition we estimate a sale value of £151,178 and rental value of £959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,900 and a rental value of £849 per month.
If you were able to purchase this property for the estimated value of £143,979, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £708 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, Golfe House, Ilford was last sold on 02 Nov 2021 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 1, Golfe House, Ilford within a radius of 420 metres over the last 2 years.
The most recent example is 56A, Green Lane, Ilford, IG1 1YJ, a Leasehold flat which sold for £96,000 in Aug 2014.
Read more about house prices in IG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Golfe Road, Ilford, IG1 has a total of 39 addresses. According to our analysis of all the public data, Flat 1, Golfe House, Ilford is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £281k less expensive than the average property in IG1.
Flat 1, Golfe House, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, Golfe House, Ilford is Ilford station which is 1.2 kilometres 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, Golfe House, Ilford, 36.5% of property is privately rented and 28.4% is privately owned with a mortgage.
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, Golfe House, Ilford, 26.7% of residents are recorded as possessing school level qualifications and 32.2% 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, Golfe House, Ilford, the average age was 34.7 and the most common age was 12.
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, Golfe House, 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, Golfe House, 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.