According to the public record, Flat 13, Oleastor Court, Ilford is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 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 13, Oleastor Court, Ilford has 2 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated October 2019.
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 13 Oleastor Court Ilford as £281,713 and the rental value as £1,367 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 13 Oleastor Court Ilford has increased by £3,970 (1.4%) and its rental value has increased by £19 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 13, Oleastor Court, Ilford is in very good condition we estimate a sale value of £295,799 and rental value of £1,435 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,993 and a rental value of £1,271 per month.
If you were able to purchase this property for the estimated value of £281,713, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,385 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 13, Oleastor Court, Ilford was last sold on 14 Jan 2020 for £362,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2020, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, Oleastor Court, Ilford within a radius of 630 metres over the last 2 years.
The most recent example is Flat 12A, Hawthorn Court, Herent Drive, Ilford, IG5 0HA, a Leasehold flat which sold for £310,750 in Feb 2024.
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 13, Oleastor Court, Ilford is the 77th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £265k less expensive than the average property in IG5.
Flat 13, Oleastor Court, Ilford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Oct 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 13, 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 13, 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 13, 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 13, 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 13, 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 13, 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.