According to the public record, Flat 12, Oleastor Court, Ilford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Oleastor Court, Stoneleigh Road, Ilford, IG5.
Stoneleigh Road, Ilford, IG5 is located in the borough of Redbridge within the IG5 postal district.
Flat 12, Oleastor Court, Ilford has a single entry in the Land Registry database from June 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 12 Oleastor Court Ilford as £266,514 and the rental value as £1,230 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 12 Oleastor Court Ilford has increased by £3,880 (1.5%) and its rental value has increased by £17 per month (1.4%).
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 12, Oleastor Court, Ilford is in very good condition we estimate a sale value of £279,839 and rental value of £1,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,858 and a rental value of £1,144 per month.
If you were able to purchase this property for the estimated value of £266,514, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,310 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 12, Oleastor Court, Ilford was last sold on 27 Jun 2006 for £236,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Oleastor Court, Ilford within a radius of 630 metres over the last 2 years.
The most recent example is Flat 7, Hawthorn Court, Herent Drive, Ilford, IG5 0HA, a Leasehold flat which sold for £315,000 in Nov 2023.
Read more about house prices in IG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stoneleigh Road, Ilford, IG5 has a total of 118 addresses. According to our analysis of all the public data, Flat 12, Oleastor Court, Ilford is the 99th largest and the 100th most expensive property on the street.
When compared to the postcode district it is £280k less expensive than the average property in IG5.
The closest station to Flat 12, Oleastor Court, Ilford is Redbridge station which is 1.3 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 12, Oleastor Court, Ilford, 37.2% of property is socially rented and 28.2% is privately rented.
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 12, Oleastor Court, Ilford, 19.1% 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 Flat 12, Oleastor Court, Ilford, the average age was 38.6 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 Flat 12, Oleastor Court, 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 Flat 12, Oleastor Court, Ilford, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.